Davy looks to have maximised returns to shareholders by selling itself off in three parts. In the biggest deal, Bank of Ireland is to buy Davy's wealth management and capital markets business for €440m but retains strong protection against risk.
A Taiwanese investor, in Dublin on the golden visa scheme, paid a €1.2 million deposit on an upmarket housing development by Victoria Homes. When the development stalled, he sued. Now the developer's backers are trying to take an axe to the case.
The pandemic has forced many fashion brands to rethink how they work. In the shadow of deserted catwalks, Aileen Carville and her fashion-tech start-up SKMMP are leading the way online, and raising half a million euro to develop new tools.
New investment in Waterford is good news. As tax reform looms, the multinational’s confirmed choice of Ireland as it prepares to lure investors to buy its contact lens business is even better.
KPMG managing partner Seamus Hand is bullish about the economic outlook. However, he is concerned that the recovery could be hampered by businesses being unable to access the right pool of talent.
As the Irish government invites the business community to take part in the debate on multinational tax reform, we ask Minister for Finance Paschal Donohoe and OECD tax chief Pascal Saint-Amans what is coming next.
Creditors, including companies in Australia and Belize, have appointed a liquidator to Leveris, an Irish fintech that was once valued at €190m. Documents reveal who was owed money and how much they lost.
As Covid-19 filled hospitals and kept other patients at home, a digital health revolution has given the medical industry a much-needed upgrade – and created opportunities for Irish medtech companies.
The Donegal fishing business Atlantic Dawn has survived the sudden death of its founder and increasing environmental scrutiny of large trawlers. Yet Karl McHugh, the second-generation leader of the group, warns that it is now under severe threat after Irish mackerel quotas were sacrificed in the trade deal between the EU and the UK.
Ciaran Lee, the co-founder of Intercom, one of Ireland’s first technology unicorns, is leaving the company. He tells Tom Lyons why and recalls an incredible journey over the past decade.
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