Lakeland's acquisitions drive strong turnoverAcquisitions drove strong turnover growth at Lakeland Dairies last year, but exceptional costs dented profits at the co-op, it…Thu Apr 08 2004 - 01:00
Charter deal boost for Cork, ShannonTwo US tour operators plan to provide chartered transatlantic flights into Cork and Shannon airports this summer, adding 12,500…Wed Apr 07 2004 - 01:00
REO makes €48m profit in 2003The listed investment fund that is 35 per cent owned by property dealers Mr John Ronan and Mr Richard Barrett yesterday announced…Wed Apr 07 2004 - 01:00
Savoy to be sold to Quinlan group for €1.13bnA group of Irish investors, led by financier and deal-maker Mr Derek Quinlan, is to buy the prestigious Savoy hotel group in …Tue Apr 06 2004 - 01:00
A VERY BRITISH INSTITUTIONThe very British institution that is the Savoy Group is made up of four London properties: the Savoy, Claridge's, Berkeley and…Tue Apr 06 2004 - 01:00
Buckeye to close Cork paper plantThe manufacturing sector suffered another blow yesterday with the announcement that 90 jobs are to go at a paper plant.Fri Apr 02 2004 - 01:00
Airtricity to sell slice of project to Spanish firmAirtricity has agreed to sell part of its interest in the Arklow Bank wind energy project to a Spanish group in a deal which …Fri Apr 02 2004 - 01:00
Baltimore to enter the energy marketBermuda-based investment house Acquisitor Holdings increased its stake in Baltimore Technologies yesterday as the one-time internet…Thu Apr 01 2004 - 01:00
1,648 made complaints against insurance companiesThe insurance ombudsman received 1,648 complaints against the industry last year - slightly more than the number received in …Thu Apr 01 2004 - 01:00
Tax expert calls for corporate tax riseThe Republic should consider increasing its 12Thu Apr 01 2004 - 01:00
Financial regulator urges legislators to 'sit back'The chief executive of the financial services regulator warned yesterday that continuing to tighten the laws surrounding auditing…Wed Mar 31 2004 - 01:00
Shareholders give go-ahead to IWP's Eur18m restructuring planA number of restructuring measures at consumer and household goods supplier IWP will cost the group an estimated €18 million …Sat Mar 27 2004 - 00:00
Tullow set to offer $500m for African companyDublin and London-listed Tullow Oil said yesterday it would offer $500 million (€412Sat Mar 27 2004 - 00:00
Melgan withdraws offer for BarloThe way is clear for Quinn Group's proposed €84 million bid to take over Barlo plc after the backers of the original management…Sat Mar 27 2004 - 00:00
Bank affected by phone line woesA damaged telephone line virtually shut down a leading bank's branch network yesterday.Sat Mar 27 2004 - 00:00
Barlo's MBO document may help explain Quinn Group's late entryA clause in the management buyout (MBO) offer document for Barlo gives a pointer to why Quinn Group appeared to have left it …Fri Mar 26 2004 - 00:00
Barlo knew of Quinn's interestIndependent directors at Barlo knew a week ago that the Quinn Group was considering a bid for the listed company it now looks…Thu Mar 25 2004 - 00:00
Quinn poised to take Barlo with €84m offerThe Quinn Group is on the verge of taking over Barlo plc after offering €84 million for the company, €14 million more than a …Wed Mar 24 2004 - 00:00
Quinn's offer likely to succeedTakeover rules : By last week, Melgan had received 34Wed Mar 24 2004 - 00:00
A few risks help to cement the profitsProfile: Mr Sean Quinn, the man whose multifaceted business looks poised to take over Barlo plc, began his career as an agricultural…Wed Mar 24 2004 - 00:00
Barlo closes 5 cents up on MBO offer ahead of e.g.m.Barlo closed 2.27 per cent up at 45 cents last night, valuing the company at almost €9 million more than the management buyout…Tue Mar 23 2004 - 00:00
Londis executives remove obstacle to Musgrave bidThe four executives of Londis UK have removed a potential obstacle to a renewed Musgrave offer for the group by surrendering …Sat Mar 20 2004 - 00:00
IBEC calls on unions to rethink planned stoppagesA leading figure in employers' group IBEC yesterday warned trade unions that they would shoot themselves in the foot if they …Sat Mar 13 2004 - 00:00
Icelandair subsidiary to fly routes to Spain for JetgreenAn Icelandair subsidiary that was last year linked to FreshAer, the low-cost carrier that never got off the ground, is to operate…Sat Mar 13 2004 - 00:00
Charges cap cuts Aer Rianta profitsA cap on landing charges and difficulties in some of its markets halved profits at the State airports' authority, Aer Rianta, …Fri Mar 12 2004 - 00:00
Former CityJet chief to offer low-cost flights to SpainFormer CityJet chief operations officer, Mr Pearse Gilroy, is set to launch a scheduled low-cost air service between Dublin and…Thu Mar 11 2004 - 00:00
Kingspan profits up 3% despite hit from strong euroPre-tax profits at building materials group Kingspan grew by 3 per cent last year, despite taking a €2Wed Mar 10 2004 - 00:00
ICG reports 20% fall in profitsThe parent of Irish Ferries, the shipping company that has been dogged by industrial relations troubles recently, yesterday reported…Tue Mar 09 2004 - 00:00
Desmond increases Barlo stakeInvestor Mr Dermot Desmond has once again raised his stake in management buyout (MBO) target Barlo, the Irish Stock Exchange …Sat Mar 06 2004 - 00:00
Fall in cash reserves threatens Aer Rianta break-upProposals from the Minister for Transport, Mr Brennan, to break up Aer Rianta into three different companies is threatened by…Sat Mar 06 2004 - 00:00
Financial services group acquires HarvestFinancial services group Broadstone Capital has bought Harvest Global Asset Management for a sum likely to be between €4Fri Mar 05 2004 - 00:00
Reduced costs boosts Horizon profitsReduced costs earned a small pre-tax profit and helped to boost operating profit by 29 per cent at IT equipment and services …Fri Mar 05 2004 - 00:00
Londis UK starts talks with Musgrave on possible saleThe board of Londis UK yesterday instructed consultants KPMG to begin talks with Musgrave and a number of other bidders interested…Fri Mar 05 2004 - 00:00
Woodies set for €6m expansionGrafton plc's DIY business, Woodies, plans to create 150 jobs in a €6 million expansion that will involve two new stores and …Fri Mar 05 2004 - 00:00
Services sector expands againContinued growth in new business helped drive expansion in the services sector for the ninth successive month in February, according…Thu Mar 04 2004 - 00:00
Once-off charge leaves Glanbia with €14.9m lossAn exceptional charge of €90.5 million left food group Glanbia with a loss of €14Thu Mar 04 2004 - 00:00
AIB is not ruling out expansion in PolandAIB Poland boss Mr Gerry Byrne has not ruled out the possibility that the group's polish business, Bank Zachodni WBK (BZWBK), …Thu Mar 04 2004 - 00:00
Notified redundancy figures rise by 13%The monthly tally of people facing redundancy rose by 13 per cent year-on-year to 2,353 in February, according to statistics …Thu Mar 04 2004 - 00:00
Newspapers and radio divisions lift APN profitsPre-tax profits at Independent News & Media's Australian and New Zealand business grew by 28 per cent last year on the back…Wed Mar 03 2004 - 00:00
Strong euro hits profits but CRH upbeat about 2004CRH has reported pre-tax profits of €864 million, up less than 1 per cent on the previous year, with the impact of the rising…Wed Mar 03 2004 - 00:00
Londis to talk with suitors following strategic reviewLondis UK is likely to begin talks with Musgrave and other suitors for the convenience store co-operative after consultants recommended…Tue Mar 02 2004 - 00:00
UK deal values new Irish hedge fund at €50mA leading UK institution has taken a stake in an Irish-based hedge fund in a deal that valued the business at close to €50 million…Tue Mar 02 2004 - 00:00
Awards launched for 2004This year's Ernst & Young Entrepreneur of the Year Award is expected to attract up to 150 entries.Mon Mar 01 2004 - 00:00
Oyster and AES invest in waste recycling systemAn investment fund headed by Mr Bill McCabe, the entrepreneur who made €65 million from selling his stake in technology company…Fri Feb 27 2004 - 00:00
Trintech in profit for first time since flotationTrintech, the secure payment systems company, has announced its first profit in its four-and-a-half years as a listed company…Thu Feb 26 2004 - 00:00
Creation of new tax commission 'out of order'Opposition attempts to force the establishment of a new commission on taxation were ruled out of order yesterday as the Finance…Wed Feb 25 2004 - 00:00
Merger of security firms may mean job lossesSecurity firms Securicor and Group 4 have not ruled out the possibility of job losses in their 2,800-strong Irish workforce once…Wed Feb 25 2004 - 00:00
Centra announces 13% sales riseThe Musgrave-owned Centra franchise yesterday revealed at its annual conference in Killarney, Co Kerry, that it had sales of €…Tue Feb 24 2004 - 00:00
Plenty of activity in Barlo stock as Desmond increases holdingShares in Barlo traded as high as 44 cents yesterday - 10 per cent above the offer tabled by a management buyout bid - as speculation…Sat Feb 21 2004 - 00:00
