Business Irish

Sunday 22 April 2018

What it says in the papers – business pages

Here's a look at what it says in the business pages of today's newspapers:

Irish Independent

  • The Sam McCauley chemist chain is eyeing acquisitions of rival pharmacy multiples, with at least one deal understood to be in the pipeline.
  • Planning permission for a €40m redevelopment and extension of the Red Mall at Blanchardstown Shopping Centre has been granted by the local authority.
  • Airtricity owner SSE has said the merger of its British household energy business with Npower will not impact its residential services in Ireland.
  • Pilots aim for €100k 'safety net' fund to back collective bargaining push.
  • The Irish finance sector is to develop plans to better tap into the growing Asian market, and replicate the successful development of US investment in the sector here.

Irish Times

  • Declan Ganley has deployed two US political heavyweights as part of a campaign to salvage a slice of a $6.5bn US government project.
  • Competition regulators will scrutinise German group Dekabank’s takeover of the Gibson Hotel, once part of developer Harry Crosbie’s Dublin docklands property empire.
  • A member of the family behind the building firm Shannon Homes has won a legal action that would have left him with a multimillion capital acquisitions tax (CAT) bill.
  • Carlyle Cardinal Ireland has entered into exclusive talks with an unnamed bidder to sell the Lily O’Brien’s chocolate company.
  • Total State spending on the facilities at Knock Airport is heading for €40m, according to the company’s latest figures.

Irish Examiner

  • Kerry Group shares rose nearly 3pc despite management cutting the upper limit of its full-year earnings expectations.
  • M&S reviews new stores as food business growth slows.
  • Ireland ranked first in the world for nanoscience research with a €5 return for every €1 invested, a report has found.

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