The Limerick start-up has raised funding from Frontline Ventures and angel investors like Des Traynor but has scheduled a creditors meeting next month with a view to appointing liquidators.
Backed by Goldman Sachs Alternatives, AAB is on the acquisition trail in Cork. It hopes to double in size there by year end.
Niamh Brennan’s 270-page forensic report lays bare the management and governance problems at the embattled agency, as well as poor departmental oversight, which saw the project go astray over six years.
The Kremlin seized Domodedovo Airport last year, alleging an Irish financing company was used to obscure foreign influence on its ownership. It’s now on the market for €1.4bn.
How did the French property firm raise €800m to invest in Ireland, when will it start selling assets, and would its funds target Irish savings? Senior executives in Paris and Dublin answer The Currency’s questions.
A bank deal completed before Christmas sees private investors exit after 15 years and has positive implications for the proposed new national maternity hospital.
US President rules out using force to take control of Greenland and calls off promised tariffs on European nations, write Alex Leary, Daniel Michaels, Bertrand Benoit and Robbie Gramer, The Wall Street Journal.
Corum Asset Management was among the first international firms to acquire commercial property in Ireland after the financial crisis. Its executives still see “patches of value” in office and retail deals here.
In a year when caution dominated boardrooms, international acquirers increased their presence in Ireland. Renatus data reveals what sectors contunue to draw foreign capital — and how the market is changing as a result.
The U.S. has long been a beacon of safety when uncertainty reigns. That is changing, write Justin Lahart and Sam Goldfarb, The Wall Street Journal.
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