Dermot Desmond

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INM chief executive Michael Doorly:  “Discussions are at a preliminary stage and there is no certainty that any offer will be made.” Photograph: Dara Mac Donaill

Shares in Independent News & Media (INM) soared 30.5 per cent on Thursday as it confirmed it may be taken over following an approach from an unnam(...)

INM’s  chief executive Michael Doorly told members of the Dublin investment community in meetings this week that the media group may end up being sold.

Independent News & Media’s (INM) chief executive has raised the prospect of a sale of the newspaper group, as it grapples with flagging profits, p(...)

Football Association of Ireland’s John Delaney: FAI board lacks overall independence and many members appear to be too close to the association by dint of time served. Photograph: Tom Honan

The recent travails of John Delaney, the chief executive of the Football Association of Ireland, have thrown the focus back on to a nebulous but utter(...)

Travel software company Datalex said PwC agreed that the group’s revenue, earnings and profit for the half year ending June 30th, 2018, had been misstated. Photograph: iStock

Shares in travel software company Datalex fell a further 10.5 per cent on Thursday, bringing the decline in its share price so far this year close to(...)

  Ecocem Materials had total assets of €46 million and liabilities of €6.5 million at the end of December. Photograph:    David Sleator

Shareholders at Irish cement manufacturer Ecocem, including the financier Dermot Desmond, may soon be in line for a windfall after the group proposed (...)

UK prime minister Theresa May speaking to the house after losing a  second meaningful vote on her deal

There was said to be disbelief in many European capitals this week as UK prime minister Theresa May was comprehensively defeated in another key vote i(...)

Shareholders in Cuisine de France owner Aryzta will, for now, accept steadiness. Photograph: Nick Bradshaw

Long-suffering investors in Aryzta could be forgiven for growing tired of peering through the greasy oven window for signs of life in the baked goods (...)

Hands across the water: Taoiseach Leo Varadkar meets US president Donald Trump in the Oval Office of the White House, Thursday. Photograph: Reuters/Jim Young

The one-man brand and US president, Donald Trump, considers himself to be one of the world’s truly great marketers. He has a point. Think of all the n(...)

Glanbia, which traded ex-divided, closed at €18.82, down 0.5 per cent.

European shares rose to a five-month high, boosted by strength in the banking sector after Britain’s parliament voted to reject a disorderly Brexit. (...)

Dermot Desmond’s IIU now holds  29.9 per cent of Datalex.  Photograph: Dara Mac Dónaill

Billionaire Dermot Desmond will charge Datalex a 10 per cent annual rate of interest for a €6.14 million loan he is set to give the troubled Dublin-li(...)

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