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  • Offer of €113m tabled for Gresham

    The three investors seeking to take over Gresham have tabled an offer of up to €113 million for the hotel group, six months after negotiations on the matter began. p
  • At IL&P, Bowler is first woman to chair Irish plc

    At yesterday’s Irish Life & Permanent a.g.m., the group chief executive, Mr David Went, standing, chats with the company’s newly announced chairman, Ms Gillian Bowler, and a non-executive director Mr Kieran McGowan. The meeting was held in Jurys Hotel, Ballsbridge, in Dublin. Ms Gillian Bowler will become the first woman to chair an Irish public limited company (plc) when she takes over the helm of the State's largest mortgage lender, Irish Life & Permanent (IL&P), early next month. p
Other Stories
  • Break-up report predicts Dublin airport charge rise

    Analysis Reform of the public transport sector was never going to be easy for the Minister for Transport, Mr Brennan. But the latest report on the thorny of issue of breaking up Aer Rianta may compound the Minister's difficulties. p
  • McInerney builds into Britain with acquisition

    Housebuilder McInerney has expanded its British operations with the acquisition of a construction group for up to €13 million. p
  • Icon co-founder raises €8.5m from 1.6% sale

    Icon co-founder and retired chairman Dr Ronan Lambe has raised more than €8.5 million from the sale of 1.6 per cent of his shareholding. p
  • CEO of AIB is called to meeting

    The Oireachtas Joint Committee on Finance and the Public Service has written to AIB chief executive Mr Michael Buckley to ask that the bank appear before its next meeting on May 26th as scheduled. p
  • Ramco revises downwards value of Seven Heads field

    The Scottish energy company Ramco expects to suffer a £93 million sterling (€138 million) write-down on the value of its Seven Heads gas field off the Cork coast. p
  • Irish firms can prepare all accounts to new IAS norms

    All companies are free from next year to prepare their accounts according to new international standards that will allow for easier international comparison, it was announced yesterday. p
  • Man charged for perjury in Martha Stewart trail

    A US Secret Service laboratory director was charged with committing perjury during his testimony at the trial of lifestyle trendsetter Martha Stewart and her broker, federal prosecutors said on Friday. p
  • Social partners are out of touch with SMEs - CCI

    The social partners have lost touch with smaller businesses, the head of the Chambers of Commerce of Ireland (CCI) said yesterday. p
  • Skynet insists future not in question

    Loss-making Skynet Airlines last night insisted its future was not in question after a row over leasing payments resulted in one of its planes being grounded hours before it was due to fly to Amsterdam. p
  • Saudis lift stocks at end of down week

    New York Report Stocks rose on Friday after Saudi Arabia's call for increased oil production drove crude prices below $40 a barrel and eased worries that soaring energy costs could derail the recovering US economy. p
  • African Gold buys 70% of Ghana resource for $4m

    African Gold has bought 70 per cent of the Konongo Owere gold resource in Ghana for $4 million (€3.3 million), it announced yesterday. p
  • Sainsbury's gives #1.4m shares to its new CEO

    Sainsbury's, the UK supermarket group, has handed new boss Mr Justin King free shares worth £1.4 million (€2.1 million) - just as staff discovered their Christmas bonus was being scrapped. p
  • Calm mood prevails as market advances slightly

    Dublin Report Settlement Day: May 26th The Irish stock market closed modestly higher yesterday, helped by a calmer mood on international markets on foot of lower oil prices and good corporate results. p
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