John Mulligan

6 days ago | independent.ie | John Mulligan

The local authority has already told the DAA that it would have to remove a proposed coffee dock at the platform and should install toilets. The initial reaction of council planners to the proposal dismayed the DAA, which operates Dublin Airport and Cork Airport. The DAA and Fingal County Council have been at loggerheads over a number of planning issues at Dublin Airport.

1 week ago | independent.ie | John Mulligan

Ireland’s biggest company, with a market cap of €55.3bn, CRH was formed in 1970 via a merger between two firms, Cement and Roadstone. For almost the past 20 years, its AGM has been held at the Marine Hotel in Dún Laoghaire, Co Dublin, and before that, at other city centre venues. But shareholders hoping to pop along for a cup of tea and a sandwich while they rub shoulders with CRH’s executives, including chief executive Jim Mintern, may soon have to jump on a flight to do so.

1 week ago | independent.ie | John Mulligan

French lottery operator La Française des Jeux (FDJ) acquired Premier Lotteries Ireland, which holds the exclusive rights to operate the Irish National Lottery until 2034. The deal placed a €350m enterprise value – which includes debt – on the transaction. It saw all three shareholders in Premier Lotteries Ireland sell their stakes. The owners were Ontario Teachers’ Pension Plan, An Post and An Post Pension Fund. Now FDJ is taking cash off the table.

1 week ago | independent.ie | John Mulligan

Irish financier Kieran Corrigan asks UK high court to declare businessman bankrupt after legal hearingTaxation expert’s company won €4m action over UK firm misusing confidential informationA firm controlled by high-profile Irish accountant and film financier Kieran Corrigan has petitioned to have a UK businessman declared bankrupt. The move comes after Mr Corrigan’s company was awarded £3.5m (€4.1m) in damages last year following a high court trial in London.

1 week ago | independent.ie | John Mulligan

ISIF, which operates as part of the National Treasure Management Agency, is making the new investments via three funds. It has invested €28m in the AP Ventures Fund III, which is focused on hydrogen and carbon capture technology. It’s run by London-based AP Ventures, whose funds have invested in almost 30 firms around the world. The AP Ventures Fund III targets investments that address constraints in the low-carbon value chain, such as generation, transport, storage and end-use applications.