Press Up moves to secure employment of former Wagamama staff
Company reached agreement to open new concepts at two venues in time for Christmas but must retain staff to operate them
Cheyne Capital
Cheyne does not want to be the long-term owner of Press Up
A budget-day reduction in the VAT rate back to 9 per cent for food service businesses would clearly be helpful
New Press Up owner Cheyne Capital plans to invest fresh funding in business
All venues will remain open with the exception of Wowburger on Parnell Street in Dublin
Hines and Peterson Group secure €80m refinancing deal for Central Plaza
Joint-venture partners obtain long-term investment loan from UK-headquartered lender, following full refurbishment of former Central Bank
Deirdre Foley was paid at least €7.6m from Clerys proceeds
Natrium sold department store to Press Up Entertainment for €63 million
Clerys liquidation could have two years left on the clock
According to filings by KPMG, liquidation to take 12-24 months to finalise
Private equity firm paid €3.7m by Clerys in run-up to sale
Payment recorded as ‘interest and fees’ was nearly six times larger than in previous year
Clerys owner exploits tax avoidance loophole
Majority of shuttered Dublin store owned by collective asset vehicle
State has six weeks to see if €29m sale of Clerys broke law
Officer appointed to examine deal is seeking documents relating to the transaction
Government starts investigation into Clerys store sale
Natrium consortium’s €29m purchase examined for breaches of employment law
Natrium sets sights on Apple Store in Clerys building
No deal agreed, but developer pursuing tech giant to make outlet deal
Cheyne Capital and D2 Private buy stores beside Clerys
Spire portfolio was for sale for €10m and may be incorporated into famed ex-shop
Mike Ashley eyes Clerys as part of Irish expansion
Sports Direct owns 50% of Heatons which has nearly 60 stores in State
Cheyne changes its man on the board of Clerys company
As well as Cheyne’s Clerys man, Lycée Lakanal’s past pupils include Jacques Chirac, Voltaire and Victor Hugo
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