DCC group considers selling Food & Beverage unit

DCC, a quoted distribution services group, has brought in specialist food industry investment bank Stamford Partners to explore options for its food division, the Sunday Times reports. Among options being considered is selling the unit called DCC Food & Beverage, which includes the Robert Roberts tea and coffee brand, health food brand Kelkin and wine distributor Findlater.

O’Brien sympathy for O’Reilly

Billionaire telecoms tycoon Denis O’Brien has said in an interview in the

Sunday Business Post

he has the “utmost sympathy” for Sir Anthony O’Reilly who is being pursued by

AIB

over debts. “I would sincerely hope that everything will be sorted and okay for him. He is a hugely talented person who has made an impact for

Ireland

globally,” he said.

Court grants Dunne application

The South African high court has granted an application brought by developer

Sean Dunne

to seal material relating to family law proceedings arising from the breakdown of his first marriage, the

Sunday Independent

reports.

The paper says lawyers for Mr Dunne brought the ex parte application before the resumption of proceedings being brought by his present wife, Gayle Killilea, against Christopher Lehane, the official assignee overseeing Mr Dunne's Irish bankruptcy.

Ms Killilea is challenging the court’s decision to grant Mr Lehane an order preventing her from selling her interest in the Lagoon Beach Hotel or the company behind it.