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12.12.2011



A shareholder disagreement at Blackrock Clinic values the business at between €90m and €175m. Primary shareholders are Larry Goodman, Joe Sheehan (surgeon), Jimmy Sheehan (surgeon) and property developer, John Flynn.

An American private equity firm, GenNx360, has taken majority control of Syncreon, the logistics company founded by Michael Enright and Brian Enright. Brian Enright was paid a $1.5m from the company last year, alone.

Merlin Motor City, once the country's biggest used-car dealership has gone into liquidation. Chief executive, David Byrne announced that the move came after sales plummeted from 3,500 used cars in 2008 to just 450 this year.

Big news on the fundraising front is the announcement of a €3m donation by Elan Corporation to UCD for the establishment of a business of biotechnology centre in the college's science centre.

Sourced from: Sunday Times