Eir is now generating more than €200 million of free cash a year, according to sources

Two French firms controlled by billionaire Xavier Niel face a delay of at least one year in extracting a dividend from their investment in Eir, after (...)

The additional funds being raised have resulted in the investor dividend being increased to €400 million

Two US hedge fund investors in Eir have seen the special “dividend” they will receive from the company under a refinancing rise to €400 million as the(...)

Two French firms controlled by tycoon Xavier Niel bought 64.5 per cent of Eir. Photograph: Lionel Bonaventure/AFP/Getty Images)

Eir, which was forced to seek court protection from creditors in 2012 after years of being treated as a glorified ATM by a succession of owners, will (...)

  IBRC admitted  that holders of almost €270 million of junior bonds sold by the Anglo before its nationalisation almost a decade ago are now set to receive all that they are owed.   Photograph: Matt Kavanagh

Almost a decade on from its nationalisation, Anglo Irish Bank still haunts from beyond the grave. The liquidators of Anglo’s successor, Irish Bank Re(...)

Departing Eir staff are being offered five weeks’ pay per year of services, capped at two years’ pay, according to sources.  Photograph: Alan Betson

Eir has unveiled plans to cut 750 jobs days after a majority stake in the company was acquired by two French firms controlled by telecoms billionaire (...)

 Eir said on Thursday that companies controlled by French telecoms billionaire Xavier Niel are set to complete the takeover of the former Irish phone monopoly “within weeks”

Eir said on Thursday that companies controlled by French telecoms billionaire Xavier Niel are set to complete the takeover of the former Irish phone m(...)

US fund Kennedy Wilson owns the  Shelbourne Hotel, which took it out of receivership in 2014, with about €110 million in debt attached.

Readers of a certain vintage might recall the best-selling book Barbarians at the Gate: the Fall of RJR Nabisco, which told the story of one of the f(...)

The arrival of Xavier  Niel’s companies  mark the seventh change in ownership for Eir in less than two decades

Some 45 senior staff in Eir are set to share €100 million in exchange for their shares as two companies controlled by French telecoms billionaire Xavi(...)

The Minister for Finance Paschal Donohoe announced in the 2018 Budget that he planned to increase the rate of stamp duty on commercial property transactions. Photograph: Leah Farrell / RollingNews.ie

Government extends stamp duty net The Government used the Finance Bill last week to quietly extend the scope of a planned increase of stamp duty on t(...)

Eir said on Thursday that its hedge-fund owners are in talks with a potential investor seeking to take a “significant” stake in the firm. Photograph: Alan Betson/The Irish Times

Eir said on Thursday that its hedge-fund owners are in talks with a potential investor seeking to take a “significant” stake in the firm. The develop(...)

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