On May 16, Lens Media Ltd, the company behind a major film production campus proposed for Grange Castle in south Dublin, issued shares to another Irish company called Cooper Plus Holdings Ltd in exchange for a cash consideration of €350,000. On the surface, the value of this investment is insignificant compared to the cost of the development, initially estimated by South Dublin County Council to be €125 million. The transaction, however, rejigs the ownership of the project and marks a fresh start after its backers spent the past year resolving an open row before the courts. Lens Media was founded…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Get unlimited access to The Currency and The Wall Street Journal with an annual membership – and receive a free, signed copy of Vincent Browne’s new book, Charles Haughey: Glory, Greed and Guns, delivered straight to your door.