Since 2015, the group owned by the Queally and Browne families has had a 49% stake in French-based Elivia. Instead of exercising an option to take it over, the Irish shareholder is selling out. Why?
As the evictions ban ends today, the Irish and French governments appear to have each picked an issue and decided to lose the next election over it. The consequences will extend beyond political calculations.
Investors led by France’s sovereign wealth fund are taking control of the debt-ridden French care multinational. Their input into an ongoing restructuring plan remains to be seen, as does its impact on Orpea’s 1,500 Irish residents.
Following a scandal in its French home market, Orpea is battling creditors with deadlines falling in the coming months. New company information reveals how its Irish arm is facing the crisis.
As trade routes between Ireland and the continent are redrawn to avoid Britain, France has never felt closer – and its modernising economy is attracting a growing volume of business to and from this island. Thomas Hubert reports from Paris.
Finance and contractors are in place for the major infrastructure project destined to replace peak gas-fired generation with overseas renewable or nuclear electricity. Thomas Hubert reports from Paris.
The house carefully designed by the Irish artist was subject to decades of abuse. Against all odds, it now allows visitors to time-travel back to the day of its completion in 1929.
The French nursing home group, which has a leading position in Ireland, is facing insolvency early next year if it can’t convince investors to refinance it for the second time since a scandal erupted last January.
Irregularities uncovered in France have shaken Orpea, the multinational group now dominating Ireland's nursing home industry. This investigation draws from inside sources and dozens of inspection reports to assess what the scandal means for its hundreds of residents and its expansion plans here.
Elivia, the billion-euro meat processor part-owned by the Browne and Queally families, is roaring ahead. The Irish partners are giving themselves time to decide on a full takeover.
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