Thursday 8 December 2016

Irish Times dismisses digital division sale

Published 01/04/2010 | 05:00

THE Irish Times has roundly dismissed speculation it is about to sell off some or all of its digital division.

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Reports earlier in the year suggested the paper of record was in discussions to sell a stake of Digitalworx.

This unit holds a range of digital property including myhome.ie and ireland.com.

Newly-appointed Irish Times managing director Liam Kavanagh, however, insists the rumours are wide of the mark.

"They [a corporate finance house] are not acting and neither is any other corporate finance house and there never was any process," says Kavanagh.

Irish Independent

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