Uniphar

Hickey's and Life operator is being sued in the High Court over alleged abuse of its market position

Iseq index up 2.3% as banks move higher, fuelled by positive updates from a trio of US lenders

More cuts on the way while Bundesbank warns region’s largest economy will barely grow next year

Shortage of quality stock is likely to spur interest in unit at Greeogue Business Park following refurbishment by Kennedy Wilson

Standout performer in Dublin was healthcare services group Uniphar, which finished up 6.8% after positive trading update

Healthcare services group reported a 27.1% jump in gross profits last year, driven by acquisitions

Strong performance boosts earnings

Healthcare group traded ‘strongly’ in first half, meeting medium-term growth target

Meanwhile, as China’s central bank surprised analysists and delivered a smaller than expected cut to lending rates, Asian stocks tumbled, and these policy signals from China also weighed on sentiment in other global markets.

Labour Court suggests workers should receive a 5% rise this year with further increases until 2025

Outperformance of supply chain and retail division helps drive performance

Details on remuneration are set out in the group’s annual report for 2022

Uniphar were allowed to add to its chain of pharmacies with the purchase of the Sam McCauley network of 37 outlets in months leading up to proposed deal

Company is predicting further profit growth for 2023, with purchase of McCauley pharmacy chain approved

Healthcare services group set to acquire McCauley Pharmacy Group after competition authorities’ clearance

Only three companies have floated in Dublin in the past four years

Listed group agrees to sell three specific outlets to meet competition concerns of regulator

But ‘increasingly complex’ nature of proposals leads to jump in extensive investigations, says CCPC

Index has fallen by more than 17% as concerns over inflation, Ukraine, interest rates and recession hit home

Deal is the first that Irish competition officials have decided to block since 2008

Irish-listed healthcare group agrees biggest industrial transaction of the year with Con McCarthy’s Jordanstown Properties

Iseq index advances 0.2 per cent to 7,236.99, buoyed by building materials company CRH, with banks also a bright spot

Deal ‘transforms’ Irish-listed healthcare group’s capacity in continental Europe

Acquisition will increase Irish-listed company’s US footprint and is expected to deliver return on capital of 12%-15% in three years

Deal will add 37 retail pharmacies to the group, as Davy compares it to Hickey’s acquisition in 2020

Irish-listed healthcare group says it marked its entry into Asia-Pacific region with acquisition of Australia-headquartered Orspec Pharma

Permanent TSB edges 2.2 per cent higher to €1.38 ahead of publication of its interim results.

Irish-listed healthcare group says it traded in line with expectations during the first half of year

Healthcare group accounts for over a fifth of the retail pharmacy market in the Republic

Move necessary to establish if deal could reduce competition in the State, watchdog says

Irish-listed healthcare group defied Covid-19 pandemic to deliver a 31% surge in profits

Acquisitions continue to play key role in strategic growth of healthcare services firm

Financial stocks in retreat as Kerry the star performer after posting strong results

Event at Mansion House on April 21 will include Business Person of the Year prize

Dublin and London-listed group focuses on delivery of medical information

Thin volumes in Dublin, which only opened for a half-day with Iseq 0.5% lower

Uniphar’s gross profit surges 31% in the first half of the year

E4H, Navi and Devonshire targeted in latest acquisition drive

Business Today: the best news, analysis and comment from The Irish Times business desk

Pharmaceutical service group delivers 31% surge in profits