€320m offered for hospitals HIG Capital, a multibillion-dollar private equity fund, has bid for two of the State’s best-known private hospitals, lodging bids worth a combined €320 million for the Blackrock Clinic and the Hermitage Clinic, the Sunday Business Post reported.
The separate bids were lodged last week, the newspaper said. HIG has teamed up with Irish businessman John Flynn, founder of the Blackrock Clinic, and has bid €250 million for Blackrock, while bidding €70 million for the Hermitage.
O’Brien in €9.8m radio loan Denis O’Brien put another €9.8 million into his loss-making radio group Communicorp last year, the Sunday Times reported.
Total loans to the group from the businessman were greater than €60 million by the year’s end, it said.
The radio group includes Newstalk, 98FM and Today FM, the national station that O’Brien bought for €140 million at the height of the boom.
Bank borrowing was down by €13 million, to €65.8 million.
Eircom executives quit roles
Three senior executives have left Eircom since the departure of its chief executive, Herb Hribar, and its decision to abandon plans for a stock market floatation, according to the Sunday Times.
Tony Mealy, director of programme execution, Kevin White, director of the consumer division, and Marie Lee, director of human resources, have left. As a result, the newspaper said, five of the once 10-strong senior executive team are no longer with the telco.
