Here’s a run down of today’s business headlines.
28,500 retail units vacant in Ireland
The number of commercial units lying vacant across the country increased to just shy of 28,500 at the tail-end of 2014 despite the quickening pace of economic recovery.
Fishtree lands big one: A €2.7m deal
An Irish start-up shaking up the education technology sphere on both sides of the Atlantic has landed a $3m (€2.7m) deal that will allow it expand its reach in the US.
Bad weather sees FBD profits slip €4.5m
Insurance customers are set to foot the bill for difficult market conditions last year which cost insurer FBD badly and saw it post a €4.5m pre-tax loss.
Bank of Ireland raises €750m through unsecured bond
Bank of Ireland raised €750m through a senior unsecured bond at a yield of 1.273%.
Grafton strengthens UK presence with TG Lynes buy
Dublin-based builders’ merchants group Grafton has broadened its presence in the UK via the purchase of niche company TG Lynes for an undisclosed sum.
Employment figures put economy on firm footing
Labour market figures published by the CSO last week for the final quarter of 2014 contained further good news on the Irish economy, writes Oliver Mangan
Russian dairy opportunity
Increased Russian imports of dairy products represent a post-quota opportunity for Ireland’s milk processing industry, according to one Bord Bia analyst.
Egyptian financier wins race to buy Arab Dairy
Egyptian financial services firm Pioneers Holding has won the race to buy Egypt’s Arab Dairy for €30m, beating a rival offer from Al Nour, the market regulator said.
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