The global management and technical consultancy group WYG hopes to save 90 jobs in Northern Ireland by buying back its businesses there from liquidators.

The operation had been owned by WYG's Irish subsidiary.

Last month WYG applied for a provisional liquidator to be appointed to the Irish business, which it said was loss-making and "no longer viable". The Irish business had been developed through a series of 12 acquisitions from 1999 to 2008.

The High Court in Dublin appointed Paul McCann and Stephen Tennant of Grant Thornton as provisional liquidators.

When it outlined its plans for its Irish subsidiary last month, WYG had stressed that its operations in the North had continued to trade profitably and were "unaffected by the property issues" that had impacted on its business south of the Border.

According to WYG, conditional upon their appointment, the provisional liquidators had "agreed to sell to WYG all three of WYG Ireland Limited's subsidiaries in Northern Ireland".