INM co-operating with corporate watchdog over failed Newstalk takeover

INM co-operating with corporate watchdog over failed Newstalk takeover
The Irish Independent Pic: RollingNews.ie

The media group reported a near 12 per cent increase in profits for 2016 to €41.8 million

Independent News & Media (INM) said it is co-operating with a request for information by the corporate enforcement watchdog over its aborted takeover of Newstalk.

In a statement today, INM said it was contacted by the Office of the Director of Corporate Enforcement and the company was taking all “necessary steps” to “produce books and records” as requested. It said this was a “procedural matter that does not involve any conclusion that there has been...

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