Dermot Desmond

375 results

 INM papers. Photograph: Dara Mac Dónaill

European shares closed little changed as a decline in banks after disappointing earnings was countered by gains in oil stocks and a 21 per cent surge (...)

Independent News and Media has been sold to Mediahuis. Photograph: THE IRISH TIMES

Businessmen Denis O’Brien and Dermot Desmond have sold most of their combined 45 per cent stake in Independent News & Media (INM) to a Belgian com(...)

Paper and packaging group Smurfit Kappa, due to update the market next week, was a key performer, adding 3.2 per cent to €27.30.

European shares finished higher in the final session of the week as some strong earnings helped overturn slippage from earlier in the session, althoug(...)

Datalex CEO Aidan Brogan and outgoing chairman Paschal Taggart at an EGM at which Paschal Taggart apologied ‘unreservedly’ for its recent problems. Photograph: Alan Betson

Datalex chairman Paschal Taggart told shareholders on Friday he would “like to have done a far better job” as he confirmed he will step down in the co(...)

At the end of last year, 44,000 people were employed in IFS here, across 430 firms. Some 45% of these roles were located outside Dublin. File photograph: Getty

The Government has developed a revised strategy for the growth of the international financial services (IFS) that it hopes will deliver 5,000 net new (...)

Dermot Desmond has bought  €3.9 million of new shares in Datalex, which has increased his stake from 26.4 per cent to 29.9 per cent, just below the level that would trigger a mandatory takeover offer.

US asset management giant Capital Group has flogged its almost 7 per cent stake in Datalex after the beleaguered travel retail software group warned t(...)

Aidan Brogan chief executive of Datalex. Photograph: Cyril Byrne

Dublin-listed travel retail software provider Datalex, whose shares have slumped in recent months on accounting irregularities, said on Tuesday that i(...)

Ecocem’s reputation is built on the fact it makes ‘green’ cement. Photograph: David Sleator

Lack of co-operation from Irish manufacturer Ecocem’s partner in a planned €45 million cement mill in California prompted officials to threaten to dec(...)

Sean Corkery said he was “happy to be joining Datalex at this crucial time in the company’s development”.

Travel software company Datalex has appointed Sean Corkery as a non-executive director and deputy chairman of its board with immediate effect. Mr Cor(...)

Results from INM last Friday  reflect all-too-familiar problems in the industry, with circulation revenues declining 6.3 per cent and publishing adverting revenues falling 10.8 per cent. Photograph: Dara Mac Donaill

For a company surrounded by takeover speculation for some time, there was little in the share price to suggest Independent News & Media (INM) was (...)

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