Dunne’s Jurys options narrowed

PROPERTY developer Sean Dunne’s options have narrowed in relation to the Jurys Doyle Group with a counter bid being ruled out by sources close to him.

Last night however a spokesperson for Mr Dunne insisted he is “still keeping all his options open” despite the 56% plus stake now built up in the hotel chain by the Doyle family through JDH Acquisitions.

This time last week reports suggested Mr Dunne was on the verge of making a counter offer for Jurys Doyle with the backing of Canadian finance house Orion. Mr Dunne has a 28% equity holding in the hotel chain.