Newest Posts in Irish Business Atom Feed from Searchles Fri Jul 25 18:09:11 -0400 2008 en-us Andor Technology says in advanced talks with management regarding a possible takeover offer Sarge Andor Technology Plc. confirmed it is at an advanced stage of discussions with its management regarding a potential offer for the entire issued share capital of the company at 73 pence per share in cash One51 may list environmental unit Sarge Approval for U2 Clarence Hotel plans Sarge U2 members Bono and The Edge have secured the go-ahead from An Bord Pleanála to re-develop the Clarence Hotel in Dublin. An Bord Pleanála disregarded the recommendation of the inspector who held the public hearing into the case Sean Quinn to plough on with Anglo despite euro 1 billion loss Sarge Ireland's richest man Sean Quinn, estimated to be nursing a €1bn loss from his 15pc leveraged derivative position in Anglo Irish Bank, revealed yesterday he will continue to tough out the market downturn and convert his contracts for difference (CFD) interest in the group into ordinary stock. Sean Quinn taking 15% Anglo Irish stake Sarge Businessman Sean Quinn and his family say they are in the process of converting their interests in Anglo Irish Bank from Contracts for Difference (CFDs) to ordinary shares Stockbroker Davy to cut jobs, salaries Sarge Davy stockbrokers is to cut dozens of jobs and salaries because of the global financial crisis, it was announced today. The firm said up to 75 people are to be laid off while the salaries of its remaining workforce are to be reviewed Irish wealth passes euro 1 trillion mark Sarge The combined total wealth held by Irish households surpassed euro 1 trillion for the first time at the start of 2008, according to an economic report published this morning from National Irish Bank Video Distribution TVC15 Porto Media - a disruptive technology solution in the global video distribution sector from Chris Armstrong in Galway, Ireland. Full length commercial videos downloaded onto a keyring memory stick in seconds! How neat is that? Glendalough roadtoireland When you are in Dublin you should make an effort to see Glendalough, early Christian monastic site founded by St. Kevin in the 6th century. Set in a glaciated valley with two lakes, the monastic remains include a superb round tower, stone churches and decorated crosses. The present remains in Glendalough tell only a small part of its story. The monastery in its heyday would have included workshops, areas for manuscript writing and copying, guest houses, an infirmary, farm buildings and dwellings for both the monks and a large lay population. The buildings which survive probably date from between the 10th and 12th centuries. Car Hire Ireland roadtoireland We have introduced CarTrawler technology enabling our visitors to access pricing, availability and bookings from over 450 car hire suppliers in 134 Countries globally in real-time. Visit roadtoireland.eu and check out our unbeatable prices! Dublin Beer Bandit Raids Guinness Kimberley McKee Irish police were hunting for a beer bandit who stole 450 full kegs from the Guinness brewery , the largest heist ever at Ireland's largest brewer. Irish Investor Sean Quinn Braves Bureaucratic Hitches barbarossa Despite Rumours of Massive Losses in the Irish Stockmarket, Sean Quinn looks east Quinn Group makes profits of euro 433m - The Big Question is - how will the Group cope with the market turmoil of 2007? Sarge The company owned by Ireland's richest man Sean Quinn made profits of euro 433m last year. Quinn Group's profits jumped by 32% compared to 2005. The big question is will the Group be ravaged by stock market investment losses in 2007? Vodafone Ireland purchases fixed line and broadband operator Perlico barbarossa Vodafone Ireland yesterday announced it has purchased domestic fixed line and broadband provider Perlico Communications for a figure thought to be in the region of EUR80 million (USD116.8 million). Vodafone Ireland will pay about EUR30 million in cash while the remainder will be paid as part of an ‘earn-out’ clause over a number of years. Vodafone set for expansion with euro 80m Perlico deal barbarossa MOBILE firm Vodafone Ireland has acquired telco Perlico for about euro 30m in cash while the remainder of the total euro 80m consideration will be paid as part of an earnout clause over a number of years Top Irish investors lose out in ISTC finance firm write-off Sarge Mr O'Mahoney previously described the share register as "a who's who of Irish business". Shareholders include entrepreneur Sean Quinn, former Anglo Irish Bank chief executive Sean FitzPatrick, businessman Denis O'Brien and property developer Paddy Kelly Vodafone acquires Perlico for euro 80m Sarge Vodafone Ireland announced Tuesday that it had acquired telecoms firm Perlico, launching the mobile giant into the Irish fixed line voice and broadband sector Vodafone Ireland Acquires Perlico Sarge Acquisition Enables Vodafone to Lead with Provision of Fixed Line Voice and Broadband Services in Ireland Vodafone announces Perlico acquisition Sarge Mobile phone operator Vodafone has announced that it has acquired fixed line and internet provider Perlico in a deal valued at euro 80 million