Notable Datalex shareholders join Dermot Desmond in providing €6m in loans as outlook improves
Travel retail software group to pay 16% interest on €1m borrowing from Sean O’Driscoll and Nick Furlong as well as €4m loan from Desmond
Travel retail software group to pay 16% interest on €1m borrowing from Sean O’Driscoll and Nick Furlong as well as €4m loan from Desmond
Barchester is owned by JP McManus, John Magnier and Dermot Desmond
Recent filings with the CRO do not say how much Datalex has borrowed from Desmond this time around
Some 99.1 per cent of shareholders that voted matter backed resolution
Delisting comes just as company is showing real signs of life
Dermot Desmond, Michael O’Leary have both criticised the project
Nine in 10 US corporations happy with Irish operations, AmCham members say, with 68% planning further investment over next five years
It is likely to take decades before AVs can operate reliably in mixed urban traffic and bad weather conditions
Dermot Desmond’s suggestion misses the point entirely
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Shares in Datalex have slumped about 85% since the group was hit by an accounting scandal in early 2019 and then the pandemic
Billionaire had been a consistent provider of finance since the company was rocked in 2019 by an accounting scandal and, subsequently, the Covid-19 pandemic
Mid-season report: Drogheda the only other team to emerge with credit, but Hoops look a level above
Datalex remains hooked on financial support from billionaire backer Dermot Desmond
Irish travel software firm saw net loss widen last year
Landmark St Stephen’s Green building expected to appeal to owner-occupiers, developers and investors
‘Dermot Desmond is a shrewd businessman - he knows football... It is important we all listen’
Club’s co-owner writes to club members ahead of the imminent departure of club chief executive John Martin
Plus: Michael O’Leary’s brush with the Residential Tenancies Board; and Michael Lynn’s latest legal move
Shares in company have risen 16% so far this year
Sons of billionaire financier, Dermot Desmond, brought US fast casual food franchise here in 2016
Plus: Rose of Tralee’s ongoing financial troubles; Dermot Desmond’s club advocacy; and rugby publicans’ qualified grand slam
An investor strike is forcing the Government to review rent pressure zones, but it could prove a retrograde step
Finance costs push Mountain Province Diamond to a net loss
Plus: The Ditch doing fine in a post-Paddy world; Fianna Fáil borrows from the DUP; and Brendan O’Carroll’s soft backing of Kamala Harris
Nursing home business counts John Magnier, Dermot Desmond and JP McManus among its backers
The best news, analysis and comment from The Irish Times business desk
The companies are controlled by businessman Dermot Desmond and Pat Doherty, the Harcourt Developments founder
Datalex has completed a €25m share sale, with elements subject to shareholder approval
The Glasgow club’s latest accounts showed a drop in its annual profits but overall it has a healthy balance sheet
Airline ecommerce software group raising money to pay back loan balance of €19.1m to businessman’s Tireragh vehicle
Company believes financial markets are complex adaptive systems with behaviour that can ‘oscillate between calm and chaotic’
Scottish club says 'it has enjoyed a successful year in generating gains from player trading'
Firm behind Dublin casino owes Desmond €4.2m, accounts show
Move would allow firm to repay high-cost loans from Dermot Desmond
Recommendation also made to vote against the re-election of non-executive director Peter Lennon
Iseq All-Share index dipped 0.4 per cent to 9,545.64, with heavyweights Kerry and Ryanair declining
Travel retail group hoping to capitalise as good times return for the airline sector, according to IATA
Hardly a life-size Stonehenge replica á la Spinal Tap, is it?
Forbes annual billionaires list features a record 2,781 people after two years where numbers fell
Irish businessman owns about 36% of listed Canadian miner Mountain Province Diamonds alongside a chunk of its debt
Dermot Smurfit jnr was left bruised by the end of his time at listed GAN but he is now focused on delivering a game that will pay dividends
Full year Ebitda loss to fall to $2.9m as travel retail software company signs new deals with LatAm Airlines and Air Macau
Mountain Province Diamonds saw sales fall by more than $50m last year
Corkery is set to finish up in Datalex in a few weeks’ time, having officially handed over the CEO reins to his successor, Jonathan Rockett, early last month
Deal comes less than a week after easyJet went live with Irish travel software group’s merchandiser product
Company developed the Verifly vaccine passport app used by Aer Lingus and other airlines during the pandemic
Barchester Healthcare posts gain of €36.6m
Upended by the pandemic, airline software company has had to borrow again from Dermot Desmond
Revenues up by almost a quarter at airline retail software company amid air traffic recovery
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