O’Briens bought for unknown sum

ABRAKEBABRA Investments Limited (AIL) has acquired theliquidated O’Briens Irish Sandwich Bar group’s interests in the Republic of Ireland for an undisclosed fee.

The Denis Desmond-backed AIL group has taken over the chain’s outlets in the Republic, while O’Briens founder Brody Sweeney retains control over the stores located in the North and Britain.

The takeover fee will be disclosed by liquidator, Paul McCann of Grant Thornton, when he returns to the High Court to report on the conclusion of the liquidation proceedings.