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Kildare-based Sentenial acquired by EML in deal worth up to €110m

  Australian payments company EML has agreed to buy Irish-based Sentenial Ltd in a deal worth up to €110 million. The deal includes an upfront payment of €70 million, with an earn-out component of up to €40 million. Company filings show its shareholders include chief executive Sean Fitzgerald; Enterprise Ireland; former Smurfit Kappa chief Gary McGann; Eamonn Quinn, son of the late Superquinn founder Feargal Quinn; former minister for finance Charlie McCreevy; and former Anglo Irish Bank executive Tiarnan O’Mahoney. Sentenial is a cloud-native enterprise-grade payments company, operating in the European open banking sector with its Nuapay brand. It is regulated in the UK and France, and processes €45 billion per annum.

€1 mill rent for civil service offices in Portlaoise while €1 mill site for HQ in Laois town lies idle

€1 mill rent for civil service offices in Portlaoise while €1 mill site for HQ in Laois town lies idle Plan needed to end haphazard decentralisation says Brian Stanley Reporter: );   ); Nearly €1 million is being spent in Laois each year renting offices for civil servants while a site which cost over €1 million for a new HQ in Portlaoise lies idle according to Sinn Fein TD Brian Stanley. The Laois Offaly TD called for a plan to resolve the situation which has its origins in Charlie McCreey s decentralisation project announced nearly two decades ago. Many jobs moved to Portlaoise through the Department of Agriculture.

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