Sign up to The Irish Times Archive (1859 - 2008)My Account »
Fri 03 Mar 2009O'Reilly and O'Brien pressed to end divisions
SIR ANTHONY O’Reilly and his long-time rival Denis O’Brien are coming under mounting pressure from Independent News Media’s bankers to cast aside their differences in advance of a looming deadline for repayment of a €200 million bond.
A public rapprochement between the two men is considered increasingly likely as Independent’s bankers seek an end to their bickering as a condition of any new agreement to help the company meet its repayment obligations in May. The institutions in question include AIB and Bank of Ireland, it is understood.
Choose a Subscription type - required
