A breakfast meeting at Dublin’s Herbert Park Hotel 18 months ago set in train the deal that saw Mediahuis Ireland buy the magazine and events business Image Media this week. While the price was not disclosed, The Currency understands it was around €1.8 million. That is far less than the figure touted for the business when it first began gearing up for a sale, before the Covid-19 pandemic struck. It was Mediahuis that made the first move in the deal, through a phone call from COO Ian Keogh to Robert Power, one of Image’s main shareholders. “I approached Image because…
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