A majority stake in Dublin-based wealth manager Moloney Investments is being sold to a UK firm for almost €26m.
Pre-tax profits at the company that operates the Irish Stock Exchange (ISE) last year increased by 10.35pc to €24.45m.
A property company owned by colourful Cork businessman Tom Coughlan – the former owner of Cork City football club – claims to have reached an agreement with a team of Cork solicitors who last week filed a winding-up petition for his business.