Monday July 13, 2020

Pub deal raises questions over sizeable Newstalk stake

Former owners of Hyper Trust attempting to stop sale. Investment firm owns Leopardstown Inn, as well as a 19 per cent stake in Newstalk

1st February, 2015

A major ownership battle has erupted at Hyper Trust, an investment firm that controls 19 per cent of Newstalk and the popular Leopardstown Inn in Dublin.

A company backed by pub and restaurant investors Brian O’Malley and Stephen Cooney has agreed a deal to buy Hyper Trust out of examinership.

However, this is being resisted by Hyper Trust’s original owners, brothers Desmond and Brian Reddy. The Reddys are mounting a legal challenge in an...

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