Dermot Desmond

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IPL Plastics chief executive Alan Walsh, has spent more than six years unravelling the group’s previous collection of disparate investments. Photograph: Dave Meehan

Almost a year to the day since Dermot Desmond sold his 25 per cent stake in plastics group One51, it became clear this week how the billionaire was, o(...)

Diarmuid Gavin, with the type of plants that will be for sale in Dunnes. Photograph: Dara Mac Dónaill / The Irish Times

The corporate headquarters of Dunnes Stores, which hides in plain sight behind a glass door on Dublin’s South Great George’s Street, is virgin territo(...)

Independent House, Dublin: Beef magnate Larry Goodman is behind several recent large purchases of INM’s shares. Photograph: Dara Mac Dónaill

The market value of Independent News & Media (INM) surged to a ten-week high on Thursday after it emerged that beef magnate Larry Goodman had buil(...)

The world’s largest new diamond mine, Gahcho Kue, in the Canadian tundra

Mountain Province Diamonds (MPD), a Canadian mining company backed by Irish financier Dermot Desmond, has appointed a new chief executive. MPD, which(...)

The Cayman Islands’ premier said the UK move to open up company directorship registers in overseas territories smacked of “colonial despotism”. Photograph: David Rogers/Getty Images

This week’s move by the British government to direct its 14 overseas territories, places such as the Cayman Islands and Bermuda, to whip the kimono f(...)

Floor of NYSE on Monday, April 23th. Photograph: Michael Nagle/Bloomberg

European shares edged up on Monday as a rise in US Treasury yields helped lift bank stocks to nearly five-week highs, more than offsetting a disappoin(...)

Robert Pitt, the then chief executive of INM, passes Leslie Buckley, the company’s then chairman, at the media group’s AGM in Dublin last August. Photograph: Dara Mac Dónaill

One line in particular stands out from the many colourful quotes that pepper the affidavit filed by Ian Drennan, the head of the Office of the Directo(...)

INM’s share price, which closed below 8 cent on Monday,  is down 14 per cent so far this year. Photograph: Frank Miller

Ostensibly, Denis O’Brien does not control Independent News & Media (INM) with his near 30 per cent stake. But nobody can deny the significance of(...)

INM’s largest shareholder Denis O’Brien and former company chairman Leslie Buckley. File photograph: Bryan O’Brien/The Irish Times

The then chairman of Independent News & Media (INM) suggested in 2016 that the group should be run so as to maximise returns for shareholders Deni(...)

Businessman Dermot Desmond indicated ahead of the deal that he planned to back the merger of Mountain Province Diamonds and Kennady Diamonds. Photograph: Joe St Leger

Shareholders of the Dermot Desmond-backed Mountain Province Diamonds (MPD) and Kennady Diamonds have “overwhelmingly” backed a 176 million Canadian do(...)

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