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Australian payments company EML has agreed to buy Irish-based Sentenial Ltd in a deal worth up to â¬110 million. The deal includes an upfront payment of â¬70 million, with an earn-out component of up to â¬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 OâMahoney. 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 â¬45 billion per annum. ....
Signage from the Anglo Irish Bank headquarters in St Stephen s Green, Dublin is removed.Photo by Damien Eagers FitzPatrick resigned as chairman in ignominy. The word “disgraced” was routinely affixed to his name. Early on in the crash, he became a lightning rod for public anger. Drumm, who fled to the United States, was the biggest name of three Anglo executives to end up in jail after the bank’s collapse. FitzPatrick was ultimately acquitted of all charges against him at the Dublin Central Criminal Court, but he was later fined €25,000 and banned from practising as an accountant at a professional tribunal. ....
Back in their Celtic Tiger heyday, the two leading figures at Anglo Irish Bank, David Drumm and Seán FitzPatrick, were feted as heroes in the world of high finance in Dublin. ....