Stories - The Currency :The Currency

In the fast lane: Motoring magnate Eddie Jordan, the US sports betting giant and the $1bn deal

Nasdaq-listed Scientific Gaming put its OpenBet division up for sale in recent weeks. Now, the former Formula One boss Eddie Jordan is advancing a plan to acquire the $1bn valued division. And its Irish-born former boss is on Jordan’s side.

I. Kehoe and S. Keyes

16th Jul, 2021 - 5 min read

Binary action: the alleged global electronic trading scam and the $37m Irish High Court action

Three brothers alleged to be behind collapsed Irish payment processor Greymountain are being sued for around €37 million. The company is said to be at the heart of an online trading scam.

Francesca Comyn

16th Jul, 2021 - 3 min read

“In the UK, the hospitality-specific supports have been much better, much more targeted, and much more effective”

Stuart Fitzgerald has seen the pandemic from both sides – his restaurant chain Leon has suffered while his accountancy firm has thrived. He talks about dark kitchens, future expansion and why the hospitality sector needs tailored supports.

Cait Caden

15th Jul, 2021 - 7 min read

What can Total Produce shareholders expect from the mega-merger with Dole?

The market's response to Total Produce's merger with Dole says it's going to be great for shareholders. Who are they, how will the deal work, and how will they benefit?

S. Keyes and T. Hubert

15th Jul, 2021 - 6 min read

Wealth and reputation: Inside the “misconduct” battle at Irish wealth management firm

The High Court has agreed to block disciplinary proceedings against the managing director of Dublin investment advisory firm GillenMarkets. Rory Mason says he was set up to fail and wrongly dismissed for gross misconduct.

Francesca Comyn

14th Jul, 2021 - 6 min read

“An alter ego of senior management” – Patrick Kearney lays out his case against Davy over bond scandal

Patrick Kearney was on the wrong side of the Davy bond trade, and the Belfast developer is now suing the firm and 16 former employees who benefitted from it. He has just laid out his legal case in a new 25-page statement of claim. This is what it says.

Tom Lyons

14th Jul, 2021 - 9 min read

“We’re two years ahead of where we’d hope to be before the pandemic hit”

Just before lockdowns pushed shoppers online, Jenny Timony had launched her FitPink brand of athleisure wear. She’s now raising funds to expand overseas, targeting a €3m valuation for her business – all from her hometown of Donegal.

Thomas Hubert

14th Jul, 2021 - 5 min read

In his own words: Colm Lyon on scaling, selling and starting again (and official Ireland’s multinational bias)

What do you do when you make €91m from the sale of your business? For Colm Lyon, the answer was to launch a start-up, and back 15 other companies. He talks about the defining moments of his journey and his fears and hopes for Irish business.

Ian Kehoe

13th Jul, 2021 - 24 min read

Larry Goodman’s finances are usually kept under lock and key. However, a Tyrone outpost sheds light on profits and margins

Competition authorities have just cleared ABP’s final takeover of both Linden Foods in Northern Ireland and Slaney in the Republic, which employ over 2,000 people. The northern half of this portfolio cemented growing profits as the pandemic hit.

Latest

In the fast lane: Motoring magnate Eddie Jordan, the US sports betting giant and the $1bn deal

I. Kehoe and S. Keyes

16th Jul, 2021 - 5 min read

Binary action: the alleged global electronic trading scam and the $37m Irish High Court action

Francesca Comyn

16th Jul, 2021 - 3 min read

“In the UK, the hospitality-specific supports have been much better, much more targeted, and much more effective”

Cait Caden

15th Jul, 2021 - 7 min read

What can Total Produce shareholders expect from the mega-merger with Dole?

S. Keyes and T. Hubert

15th Jul, 2021 - 6 min read

Wealth and reputation: Inside the “misconduct” battle at Irish wealth management firm

Francesca Comyn

14th Jul, 2021 - 6 min read

“An alter ego of senior management” – Patrick Kearney lays out his case against Davy over bond scandal

Tom Lyons

14th Jul, 2021 - 9 min read

“We’re two years ahead of where we’d hope to be before the pandemic hit”

Thomas Hubert

14th Jul, 2021 - 5 min read

In his own words: Colm Lyon on scaling, selling and starting again (and official Ireland’s multinational bias)

Ian Kehoe

13th Jul, 2021 - 24 min read

Larry Goodman’s finances are usually kept under lock and key. However, a Tyrone outpost sheds light on profits and margins

Thomas Hubert

13th Jul, 2021 - 3 min read

High stakes in the High Court: Up to €250 million at stake in Perrigo insurance row

Francesca Comyn

12th Jul, 2021 - 2 min read

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