Why activist investors, private equity and giant asset managers are in a scrap over UDG Healthcare
One of the oldest private equity firms in the world wants to buy UDG Healthcare. But an alliance of long-term German asset managers and opportunistic investors from New York are trying to stop the deal from going through.
Home truths: Darragh O’Brien on scaling up, battling local authorities and what institutional investors can’t do
We are not yet through Covid, and the housing crisis is already back on centre stage. In this extensive interview, Minister for Housing, Local Government and Heritage Darragh O'Brien talks about how he intends to turn things around.
Behind the scenes at PFS: Noel and Valerie Moran, the €148m sale and the unhappy Australians
Noel Moran devised Prepaid Financial Services on his kitchen table, hoping to just make enough to cover his bills. Eleven years later he sold the company to EML payments for €327m. That seemed to be the end of the story. Until a letter from the Central Bank of Ireland arrived at EML Payments this week.
A €1.1bn Australian company has halted trading in its stock due to a letter from the Central Bank of Ireland
Noel Moran sold his business, Prepaid Financial Services, to Australia's EML Payments in 2019 for €145 million. Now EML has called a halt to trading in its shares, having received a mysterious letter from the Central Bank of Ireland in relation to Prepaid Financial Services.
Industry veteran Colm O’Neill on how telecoms executives think about strategy
Having run a £4.4 billion business for BT, Colm O'Neill is back in Ireland as a partner with KPMG. He shares his thoughts on what telecoms companies are good at, how they think, and the opportunities and threats headed their way.
Why is global private equity – and Goldman Sachs – competing to buy small Irish insurance brokers?
Ireland's insurance brokers have always been small and locally focused. But a wave of wealthy buyers from the UK and US have upended the industry. What will it mean for Irish insurance premiums? And how is foreign ownership changing the country?