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Equity stake for Davy staff in €316m buyout

Up to 110 of the most senior staff at Davy Stockbrokers have taken an equity stake in the business following the €316

Thu Nov 02 2006 - 00:00

$526m pretax profits by Merrill Lynch Irish arm

A massive uplift in dealing profits helped US banking giant Merrill Lynch deliver a 31 per cent rise in annual pretax profits…

Thu Nov 02 2006 - 00:00

Laura Ashley's Irish earnings fall

British retailer Laura Ashley lost sales and profits in Ireland last year as it failed to take advantage of the spending boom…

Wed Nov 01 2006 - 00:00

McNamara, Docklands group behind €412m deal

The State-owned Dublin Docklands Development Authority (DDDA) last night emerged as equity partner with property developer Bernard…

Wed Nov 01 2006 - 00:00

Murray firm pays €2.46m to co-founders

Public relations firm Murray Consultants paid out €2

Wed Nov 01 2006 - 00:00

Member groups start review of Assurelink

The major life assurance groups have initiated a strategic review of the operations of Assurelink, a company they jointly own…

Mon Oct 30 2006 - 00:00

BMW set to break €200m sales threshold in Ireland

German motor group BMW is poised to breach the €200 million sales threshold in the Irish market this year as annual sales of …

Mon Oct 30 2006 - 00:00

CIÉ invests €59m in Dart fleet upgrade

CIÉ has embarked on a €59 million upgrade of the original fleet of Dart carriages which have been in use since the Dublin suburban…

Mon Oct 30 2006 - 00:00

German financier invests $1m in JetBird

German aviation financier Conrado Dornier has taken a small equity stake in JetBird, the start-up executive jet company owned…

Fri Oct 27 2006 - 01:00

New limits on credit union investment

The Financial Regulator has moved to place new restrictions on the investment activities of credit unions under which their holdings…

Fri Oct 27 2006 - 01:00

Restriction order may be served on Eddie Hobbs

The liquidator of finance company Taylor Asset Managers, which collapsed in 1996, has applied to the High Court to restrict five…

Thu Oct 26 2006 - 01:00

IN&M in bid to buy out APN subsidiary

Sir Anthony O'Reilly's Independent News & Media has made a A$3.8 billion (€2

Thu Oct 26 2006 - 01:00

Merged Riverdeep group may float in two years

Prospective investors in Riverdeep's mammoth reverse takeover of US publisher Houghton Mifflin have been told that the newly-…

Wed Oct 25 2006 - 01:00

Roches still 'earnings neutral'

London-listed department store chain Debenhams has indicated that its newly-acquired Roches Stores business will not add a single…

Wed Oct 25 2006 - 01:00

Aldi's Irish, UK profits rise 210%

German-owned discount retailer Aldi has reported a 210 per cent increase in annual operating profits to £43

Wed Oct 25 2006 - 01:00

Firms help homeless back to work

Anglo Irish Bank chairman Seán FitzPatrick says he isn't out to save the world when he urges companies to join a scheme that …

Tue Oct 24 2006 - 01:00

Ex-Eircom executive David McRedmond to head up TV3

London-based private equity fund Doughty Hanson has appointed former Eircom commercial director David McRedmond as chief executive…

Tue Oct 24 2006 - 01:00

Riverdeep in $5bn buyout

Riverdeep's controlling shareholder, Barry O'Callaghan, will remain the dominant figure in the company following its $5 billion…

Tue Oct 24 2006 - 01:00

Lufthansa Technik's Irish profits soar 25% to $19m

Aircraft maintenance group Lufthansa Technik Airmotive has reported a 25 per cent rise to $19.06 million (€15

Mon Oct 23 2006 - 01:00

Cullen seeks advice on Limerick port firm director

Minister for Transport Martin Cullen has sought the advice of Attorney General (AG) Rory Brady regarding a director of the State…

Sat Oct 21 2006 - 01:00

Quinn Group pays €6.5m to owner's pension

Insurance magnate Seán Quinn received a once-off pension contribution of €6

Fri Oct 20 2006 - 01:00

Limerick port firm suspends chief

The State-owned port company in Limerick has suspended its chief executive, Brian Byrne, on foot of serious allegations of impropriety…

Fri Oct 20 2006 - 01:00

Members of port company facing allegations

Two senior members of the Shannon Foynes Port Company are fighting serious allegations of impropriety made by a Limerick business…

Thu Oct 19 2006 - 01:00

Creaven family members acquire Gow-Mac

Members of the Creaven business family in Co Clare have acquired a Shannon-based analytical instruments company, in which they…

Wed Oct 18 2006 - 01:00

Directors close €390m buyout of BWG group

Spar and Mace franchise owner BWG aims to open as many as 40 new convenience stores a year following the completion of a €390…

Wed Oct 18 2006 - 01:00

EP Mooney posts profits of €29.9m

Dublin businessman Paraic Mooney, owner of the west Dublin Nissan dealership EP Mooney, reported an operating profit of almost…

Tue Oct 17 2006 - 01:00

U2 firm reduces losses to €2.91m

The rock band U2 has reported a significant improvement in the financial position of a company at the core of its business empire…

Tue Oct 17 2006 - 01:00

Ryanair looks at ways to sweeten ESOT deal

Ryanair is examining the possibility of sweetening the terms of its offer for Aer Lingus by giving members of its Employee Share…

Sat Oct 14 2006 - 01:00

Topaz to honour accord with regulator Error saw go-ahead to buy Statoil

The Topaz consortium will lease out its interest in a Galway oil terminal as a gesture of goodwill to the Competition Authority…

Sat Oct 14 2006 - 01:00

Swiss Re took €150m from Irish subsidiary

Reinsurance giant Swiss Re took dividends of €150 million from one of its main units in Ireland last year, new accounts reveal…

Sat Oct 14 2006 - 01:00

Brown Thomas reports 10.8% drop in profit

The Brown Thomas group has reported a 10.8 per cent drop in like-for-like pretax profit to €20

Fri Oct 13 2006 - 01:00

Credit unions told to act on bad debt

The Irish Financial Services Regulatory Authority has asked the boards of several credit unions to take "remedial action" to …

Fri Oct 13 2006 - 01:00

Minister asks authority to explain Statoil error

Minister for Enterprise Micheál Martin has asked the Competition Authority chairman Dr Bill Prasifka to explain an internal error…

Thu Oct 12 2006 - 01:00

Pretax profits at Aughinish fall 90% to $5.28m

Pretax profits have fallen by 90 per cent to $5.28 million (€4

Wed Oct 11 2006 - 01:00

Murtagh takes on Smart Telecom's €40m debt

Businessman Brendan Murtagh has assumed €40 million in liabilities from Smart Telecom as a result of his agreement last night…

Sat Oct 07 2006 - 01:00

Ryanair investors question €1.48bn offer

Ryanair chief Michael O'Leary has embarked on a concerted effort to convince his shareholders of the merits the airline's €1.…

Fri Oct 06 2006 - 01:00

Analysts remain unconvinced by logic of latest Ryanair move

Market reaction: Ryanair chief Michael O'Leary is facing numerous hurdles in his efforts to execute an unexpected takeover approach…

Fri Oct 06 2006 - 01:00

Consortium to pay off Smart's liabilities

A consortium led by businessman Brendan Murtagh is likely to pay off Smart Telecom's outstanding liabilities with Eircom today…

Fri Oct 06 2006 - 01:00

Commission expected to examine bid

The European Commission is unlikely to completely block Ryanair's surprise bid for Aer Lingus, according to legal experts

Fri Oct 06 2006 - 01:00

Smart Telecom close to Eircom connection deal

Smart Telecom's largest shareholder, Brendan Murtagh, appears close to a new interconnection agreement with Eircom that may clear…

Thu Oct 05 2006 - 01:00

Smart back from brink as funding proposal emerges

Smart Telecom appeared last night to have come back from the brink of liquidation after a consortium led by businessman Brendan…

Wed Oct 04 2006 - 01:00

Pinewood sold to Indian drug group for €150m

Tipperary businessman Michael Costello has sold his generic drug company Pinewood to Indian group Wockhardt in a deal that values…

Wed Oct 04 2006 - 01:00

Perlico to enter mobile market

Broadband provider Perlico plans to move into the mobile market in 2007 as it prepares for an initial public offering on the …

Wed Oct 04 2006 - 01:00

The smart money is unlikely to bet on this phone firm

Analysis: Eircom's decision to cut off Smart Telecom's connection to its network last night has been looming since May of last…

Tue Oct 03 2006 - 01:00

Jacob-Fruitfield on lookout for acquisitions

Jacob-Fruitfield, owner of the Fig Roll biscuit brand and Chef sauces, has cast aside disappointment over its failure to win …

Mon Oct 02 2006 - 01:00

Cheque disclosure 'contradicts' Taoiseach

Company cheque: The Opposition has claimed the disclosure that the biggest contribution to Bertie Ahern in Christmas 1993 was…

Mon Oct 02 2006 - 01:00

Aer Lingus listing goes ahead today

The formal stock market listing today of Aer Lingus will have none of the fanfare that accompanied the flotation in July 1999…

Mon Oct 02 2006 - 01:00

Biggest payment drawn on company cheque

The biggest of the payments to Bertie Ahern in 1993 was drawn on a company cheque, The Irish Times has learned

Sat Sept 30 2006 - 01:00

Enterprise award goes to woman for first time

Businesswoman Ann Heraty, who set up recruitment group CPL Resources in 1989, has won the top prize in the 2006 Ernst & Young…

Fri Sept 29 2006 - 01:00

MCD plans €100m arena

Music promoter Denis Desmond is developing plans for a €100 million national arena in the greater Dublin area to accommodate …

Thu Sept 28 2006 - 01:00
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