Bye bye Elan

The DoubleTree hotel was also the venue on Monday for the meeting of Elan shareholders to approve the sale of the business to Perrigo.

The Irish pharmaceutical company yo-yod its way up and down the Iseq in recent years, but it will be live long in the memory as one of the most significant listed companies ever created in Ireland.

So where did they all head after the meeting? Surely with €6.4 billion burning a hole in their pockets, they headed straight for some two-star Michelin joint to spend their lolly? Not quite. I hear the after party for shareholders was held at the more modest (but still lovely) Fallon & Byrne.

How restrained.

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Mark Paul

Mark Paul

Mark Paul is London Correspondent for The Irish Times