The Central Bank will begin a
major review of its mortgage lending rules next month, the first since the measures were introduced in 2015, writes Eoin Burke-Kennedy. It comes as pressure mounts on regulators to ease restrictions on borrowing.
Ryanair chief Michael OâLeary accused Belarus of hijacking on Monday, saying the airline was co-operating with international security agencies after the eastern European country forcibly diverted one of its flights. Barry OâHalloran gauges reaction to the forcing down of the Ryanair flight on Sunday as airlines start to avoid Belarus airspace.
More than 260 wealthy non-EU citizens pledged to invest â¬185.6 million in the Republic under the Governmentâs
Offaly business man s nine decades of achievement recalled
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OFFALY History seldom write a blog on a living person but we are making an exception for John Flanagan, the modest man from the Meelaghans, Puttaghan and New Road, Tullamore who has invested his whole life (so far) in making Tullamore a better place for people to live, work, bank and even pray in.
We in Offaly History occupy offices at Bury Quay rebuilt for us in 1991-2 by the John Flanagan firm and now Offaly Archives, another Flanagan development is located at Axis Business Park, Tullamore. Perhaps his greatest achivement was the building of Tullamore Court Hotel. Great in that it was against the odds and had been talked about in Tullamore for thirty years but nothing was done.
Jacobs and Batchelors owner Valeo circled by three private-equity firms PAI Partners, Cinven and Bain Capital are given until end of May to submit final bids
about 6 hours ago
Bidders vying to buy Dublin-based Valeo Foods, the owner of brands from Jacobs biscuits to Batchelors baked beans which is on the market for more than €1.7 billion, have been whittled down to a shortlist of three private-equity firms.
Paris-based PAI Partners, London-headquartered Cinven and Bain Capital, the Boston outfit co-founded by former US presidential candidate Mitt Romney, have been given until the end of May to submit final bids for Valeo, according to sources, confirming a recent report by deals publication Mergermarket.
In 2015 CCI acquired Carroll Cuisine, doubling employee numbers from 150 to 325 today.
Irish private equity firm Carlyle Cardinal Ireland (CCI), which operates Carroll Cuisine has agreed the sale of the company to Eight Fifty Food Group, a UK-based private equity firm.
The acquisition, terms of which are not being disclosed, is expected to be completed during the first quarter of 2021.
In 2015 CCI acquired Carroll Cuisine, completing a carve-out of the company from Aryzta AG, doubling employee numbers from 150 to 325 today. The Carroll Cuisine management team is led by CEO Kieran Carolan.
During CCI’s ownership, the company experienced strong growth, with turnover increasing by 50%, driven by investment in manufacturing capacity, innovation and new product development.