Dermot Desmond: his vehicle is now the biggest shareholder in One51, with a stake approaching 20 per cent

Financier Dermot Desmond’s International Investment and Underwriting (IIU) has bought out fellow One51 shareholder, Pageant Holdings, for more than €3(...)

Financier Dermot Desmond, who owns a significent stake in One51, has reportexly told brokers he is willing to pay €1.95 for more shares in the group, although he is not considering a rival bid. Photograph: Cyril Byrne

More than €36 million of One51 shares sold for €1.85-a -share yesterday in a move that could raise the bar for potential suitor Capvest, which is se(...)

According to recent reports financier Dermot Desmond, who already owns more than 6 per cent of One51, has told brokers he is willing to pay €1.95 for more shares in the group, although he is not considering a rival offer

Shares in One51 yesterday sold at more than the €1.80 offer tabled by private equity fund Capvest, sparking speculation that a higher bid for the plas(...)

Global Infrastructure Partners bought London City Airport for an estimated £750 million in 2006 from Dermot Desmond. Photograph: Eric Luke

The London airport on the doorstep of the City is to be put up for sale as its US owners look to capitalise on soaring global demand for air travel. G(...)

Dermot Desmond:  the businessman originally asked Frank Fitzpatrick to mock up the ‘Story of the Irish’ exhibit. Photograph: Cyril Byrne

Next Thursday is the grand opening of Dublin’s newest tourism and historical attraction. Story of the Irish is a live theatrical exhibition in Smithf(...)

Financier Dermot Desmond has a stake in the business, which focuses its activities on environmental services and plastics together with an investment portfolio. Photograph: Joe St Leger

Irish diversified investment group One51 has received a takeover approach that values the business at €1.80 a share. The opening price offered represe(...)

Developer Seán Dunne with a model for the proposed development on the site of Jurys and the Berkeley Court hotels in Ballsbridge. Photograph: Bryan O’Brien

The Berkeley Court and Jurys hotels in Ballsbridge were bought by developer Seán Dunne at the peak of the property boom in 2005 for an astonishing €38(...)

ChangeX founder and chief executive Paul O’Hara and DFJ Esprit partner Brian Caulfield.

An Irish social entrepreneur has raised €400,000 from a number of high profile investors including Ben & Jerry’s co-founder Jerry Greenfield and A(...)

Ulick McEvaddy, the aviation tycoon, is backing the launch of an Irish company that plans to spend €20 million developing a drone project. Photograph: Matt Kavanagh

The Sunday Times reports that EY has paid £2 million to settle a case taken against it by the administrators of Worldspreads, the collapsed Irish s(...)

Michael Lowry (centre) with Mar Kare Gustad of Telenor Mobile, Noway, and Denis O’Brien (right), in 1995.  O’Brien plans to float Digicel in New York. Photograph: Eric Luke

Dramatic disclosures about a possible payment to former communications minister Michael Lowry created a secret crisis in the run-up to Denis O’Brie(...)