Cash for gold: The story of Dubai cash withdrawals, gold bars and the Quinn family money trail
The former Anglo Irish Bank obtained startling evidence that helped force the Quinn family settle their mammoth dispute with the bank last year. That evidence has never been made public. Until now.
7th Jan, 2020 - 7 min read
There’s a land-grab for the $8.3bn US sports betting market, and so far Paddy Power is winning it
The US Supreme Court legalised sports betting in 2018. Now there’s a race between European bookies and American casinos to seize control of the soon-to-be-enormous market. Thanks to a canny acquisition in 2018, Flutter (better known in Ireland as Paddy Power) is in an early lead
7th Jan, 2020 - 5 min read
For Goodness Shakes: Questions and confusion at €440m Aurivo co-op amid protein shake-up
Its long-standing CEO has just stepped down. And farmer members are grumbling over the acquisition of performance nutrition protein brand For Goodness Shakes. What does the future hold for Aurivo?
6th Jan, 2020 - 4 min read
Marian Finucane was a great chronicler of the crash. Opting to listen rather than rage, she told the stories behind the crisis
Marian Finucane was to some extent an insider that the bankers and developers felt comfortable with. But she retained her ability to be an outsider whose first priority was to her listeners.
6th Jan, 2020 - 6 min read
Millionaires’ row: Sean Dunne, Walford and the seven-figure tax bill
For years Ireland’s most expensive home has been at the heart of an epic courtroom asset battle involving bankrupt developer Sean Dunne. Now the former owners of the Dublin 4 mansion have been landed with a €1.4 million tax bill.
3rd Jan, 2020 - 3 min read
Huckletree’s Andrew Lynch on the pressure to grow, keeping investors happy — and going toe-to-toe with WeWork
Dubliner Andrew Lynch is the chief operating officer of Huckletree, a network of co-working spaces in the UK, Ireland and Norway. He discusses the chemistry of co-working spaces, the pressure to grow, and getting 'booted around' by WeWork.
3rd Jan, 2020 - 18 min read
The world’s biggest private equity buyers were busy in Ireland last year
The Consumer Protection and Competition Commission’s data for 2019 shows private equity played an outsized role in Irish mergers and acquisitions. Overseas private equity investors are snapping up Irish assets in the healthcare, sports, aviation and property industries.
3rd Jan, 2020 - 3 min read
Courtroom thriller: The inside story of the acclaimed Irish TV firm, the aggrieved German investors and the €40m lawsuit
A Berlin-based film company is suing Octagon Films directors Morgan O’Sullivan and James Flynn claiming they systematically diverted over €40 million from the company. The claims are categorically denied.
2nd Jan, 2020 - 12 min read
In just 14 days, some 15% of Datalex shares have changed hands in off-market deals. But who is buying?
Its shares may be suspended, and the company engulfed in controversy. But investors are still interested in acquiring Datalex shares through off market transactions. Analysis shows 10% has been sold to new investors who have not yet been identified.