Theya Lingerie backers braced for heavy write-downs as the award-winning company seeks to restructure
Theya Lingerie was founded by Ciara Donlon to provide women with post-surgery underwear. Selling across Europe and the US, it has now run out of road and its rescue plan through Scarp could lead to a sale.
22nd Nov, 2022 - 2 min read
Embattled Orpea announces country exits, property disposals and price hikes
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.
15th Nov, 2022 - 4 min read
More medical waste, more profits, more dividends: How Stericycle thrived through the pandemic
The Irish unit of the US-listed specialist waste collector, which holds the contract for the public health system, has achieved record margins in the past two years.
11th Nov, 2022 - 5 min read
Au revoir Orpea? Part 2 – Scrutinising standards and stalled plans at a care giant
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.
3rd Nov, 2022 - 26 min read
Au revoir Orpea? Part 1 – How a French scandal engulfed the largest owner of Irish nursing homes
Orpea had become a Paris stock market darling and a world leader in private care but it all came crashing down over the course of this year. A two-part investigation explores the impact on its recent drive into Ireland.
2nd Nov, 2022 - 21 min read
The Mater Private, intercompany debt, and the High Court battle with the HSE
The HSE halted payments to the Mater Private amid concerns that it was being billed for hefty intercompany interest bills paid to a Luxembourg entity. The High Court has largely ruled in its favour.
22nd Sep, 2022 - 4 min read
A €45m rent-a-CEO Vat dispute: Medtronic unit and Revenue square up in High Court
For years, the Irish-headquartered medical supplier Covidien outsourced core functions to the US without paying Vat on transactions including preparations for its acquisition by Medtronic. The company’s successful tax appeal is now going down the legal route.
9th Aug, 2022 - 2 min read
Big data and big firms: Why bricks-and-mortar retail is collapsing – and who is next
Online retailers' ability with data is an important reason why they're crushing their bricks-and-mortar retail competition. For this reason and others, it's hard to see offline retail coming back – in fact, healthcare is about to see the same disruption.
4th Aug, 2022 - 5 min read
In his own words: John Power on hostile takeovers, Gaddafi and building a multinational from a butcher’s shop
John Power and Aerogen are looking to the future with a series of ground-breaking new drug delivery technologies. But to understand that future, you need to understand Power’s past. And that is a remarkable story in itself.