Jurys board shaken by €17.50 bid

JURYS Doyle board was rocked last night by a €17.50 per share offer for the entire equity of group.

The new proposed bid from Precinct values the business at over €1.1 billion or €60 million above its previous offer of €1.04bn or €16.50 per share.

This apparent knockout bid came on the day the board of Jurys sealed the fate of its five-acre Ballsbridge site with a €260m deal with property developer Sean Dunne.