Valeo set for fresh fundraising, Fitch says
Irish food company which owns brands including Kelkin and Odlums is set to raise €30m in fresh equity investment in 2025, according to US-based ratings firm
Bain Capital
German investor pays €35m for high-end Mount Merrion homes
Real IS AG set to secure 3.65% yield from investment in 48 apartments developed by Marlet Property Group
German investor in €36m deal for new hotel in Dublin’s Liberties
151-bedroom Premier Inn at Newmarket Yards is due for completion in 2023
‘Strong demand’ for student housing pulls investors into Irish market
‘Silver tsunami’ of baby boomers expected to drive capital into nursing home sector, says Cushman & Wakefield
S&P downgrades Valeo Foods’ credit rating
Higher costs to squeeze Jacob’s biscuits-owner’s margins amid rampant inflation
Commercial property attracted up to €760m in investment in first quarter
Student accommodation blocks, apartments and warehouses contribute to a strong quarter
Toshiba faces unclear future after shareholders reject two rival proposals
Company now says it will ‘consider various strategic options’
The US factor driving valuations to record levels in Irish M&A market
US presence has grown over the years as their financial firepower makes impact
Valeo Foods revenues top €1bn but impairment charges put it into the red
Company recorded a €102.7m pretax loss prior to its sale to Bain Capital
Turning Datalex around: ‘It’s a privilege to have to clean up somebody else’s mess’
Sean Corkery jumped at the chance to lead the aviation software firm out of trouble
German investor pays €40m for Clonskeagh homes
Real IS fund acquires 63 apartments and 9 penthouses at exclusive Knockrabo scheme
Toshiba board wants to split into three and rejects plans to go private
Japanese industrial conglomerate proposes break-up following shareholder discontent
Lime to invest €10m in Irish operations as it readies e-scooter services
Company is one of more than 20 micromobility operators hoping to run services here
Virginia governor’s race offers first test of Biden presidency
Defeat would point to potential disaster for Democrats in next year’s midterm elections
Rolls-Royce to sell ITP Aero for €1.7bn in effort to repair balance sheet
Company has sold a number of smaller assets in recent months
Valeo Foods buys British jerked meat maker
Irish group makes its 19th acquisition, weeks away from its own €1.7bn sale to Bain Capital
European markets buoyant as jobs growth slowdown subdues US
European tech stocks approaching dotcom bubble-era highs
BAM begins work on 413 rental apartments and 150-bed hotel in Dublin 8
Newmarket Square scheme will extend to 318,289sq ft and cost €100m to deliver
Silicon Valley bets on cryptocurrency projects to disrupt finance
DeFi projects aim to replicate financial services and cut out middlemen
Toshiba unit hacked by DarkSide ransomware group
More than 740GB of information compromised, including passports and other personal information
Will owner of Jacob’s and Batchelors venture into US after €1.7bn takeover?
Agenda: Bain Capital’s purchase of Valeo nets it 85 household brands across 106 markets
Tech unicorn ReCharge Payments to establish Irish operation
Move comes as the US subscription payments company recently raised $227m
Good day for bean counters as Batchelors maker sold for over €1.7bn
US private equity group Bain buys Irish firm Valeo which also makes Jacobs products
Jacobs and Batchelors owner Valeo circled by three private-equity firms
PAI Partners, Cinven and Bain Capital are given until end of May to submit final bids
Irish co-founded Mathison raises $4.2m for its diversity hiring platform
Solution connects companies with workers from under-represented communities
Shares stutter as hopes for post-Covid recovery diminish
Ryanair and Aer Lingus group hit by UK plans for quarantine for arriving travellers
Boeing 737 Max restarts commercial flights with Brazil’s Gol
Aerospace group loses almost half of 737 Max aircraft order from Virgin Australia
Virgin Australia to cull a third of its Boeing 737 fleet under Bain ownership
Plan will see fleet grow once demand returns
Buyout groups team up in €1.3bn battle for Italy’s Serie A
Several clubs sceptical about handing over control to private equity groups
Knight Frank launch dedicated residential capital markets division
Tim MacMahon joins from CBRE to lead new team in all aspects of residential investment
Dublin-headquartered Skillsoft files for Chapter 11 bankruptcy
Company established global headquarters in Ireland after merging with Smartforce
Premier Inn hotel with 106 bedrooms proposed for Usher’s Quay
Dublin 8 scheme part of firm’s plan to open more than 2,500 hotel rooms across Ireland
Premier Inn secures site for new hotel in Dublin’s Liberties
Newmarket Square deal part of company’s push for 2,500 rooms in Ireland
Investors cool on overheated private equity markets
Overblown valuations mean that a ‘great public market reckoning’ may be under way
Mayo’s Chris Barrett: Balancing work and play for GAA ‘not sustainable’ any more
Mayo star says intercounty GAA players should be offered tax breaks similar to other athletes
Bain Capital completes purchase 60% of WPP’s Kantar
Deal, which values the business at $4bn, part of push to cut debt and simplify the network
WPP planning sale of stake in market research business Kantar
Bain Capital has been discussing the purchase of a 60% stake in business
Bain Capital emerges as frontrunner for majority stake in Kantar
Sale of WPP market research unit could value it at about £3 billion
Rent the Runway to open Irish tech hub after $1bn valuation
Company, which loans out designer outfits, looking to distrupt $2.4tn fashion industry
European stock rally for third day over trade talks optimism
Smurfit Kappa results help drive up Iseq and FTSE while profits helps lift Tullow Oil
US tech company plots expansion with move to new Dublin HQ
Wrike plans to add 50 jobs over coming three years
European shares dip as Trump reignites trade war fears
Dublin market lower with banks in focus ahead of Central Bank mortgages report
Sisk swallows hefty loan writedown to walk away from prime Dublin site
Deal sees Sisk take €9m writedown as Parsis takes control of Sutton development
Care centre group Centric secures €50m in funding
Funding deal comes following investment in group earlier this year by Rothschild
Italian relief rally brings comfort to financial stocks
Shares in AIB and Bank or Ireland rise as optimism sweeps European financial sector
Bain Capital launches 170 homes at Rathfarnham site
At average price of €500,000, Scholarstown Wood development would sell for €85m
Turkish lira’s recovery delights markets
In Dublin the two big banks fall and Aryzta’s share price continues its yoyo performance
Bain nets profit from Dublin student block months after buying site
Dublin 8 property, bought last year for €8m, was sold for €47m to Invesco Real Estate
Drumm to be sentenced over illegal share-buying scheme
Former Anglo Irish ceo pleaded guilty to authorising unlawful loans to 10 developers
Cork city flats cannot be refurbished with tenants in place – report
Leeside Apartments complex has ‘widespread fire safety shortcomings’
INM should sell Citywest plant and outsource printing to rival, says EY
Seen & Heard: Investors set to short Greencore, One4All owner GVS close to being sold
Staying the distance in the aparthotel business
Staycity co-founder Tom Walsh is busily expanding the business and has no plans to sell
Toys R Us collapses into administration in UK
Executives had hoped to raise sufficient cash to pay tax bill due this week
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