DCC has announced that its executive chairman, Jim Flavin, has resigned with immediate effect.

Food group DCC has further defended its decision to unanimously reaffirm Jim Flavin in his role as executive chairman following an investigation into the use of trading reports in the sale of its stake in Fyffes fruit and vegetable distributor for €106m in early 2000.

Vhi Healthcare today announced that Mary Harney, Minister for Health & Children has appointed Mr Jimmy Tolan and Mr Declan Moran to the Board of Vhi Healthcare with effect from May 1.

Property company Blackrock International Land has completed the purchase of the landmark Olympiades office building in the Evere district of Brussels for €42m.

Fyffes plc has revised its target adjusted EBIT for 2007 to approximately €15m from €20m previously.

The Irish Stock Exchange has today reported strong growth in equity trading volumes in the first quarter of 2007.

Blackrock International Land has invested €13.5m, including costs, to acquire lands near Dublin with development potential in the medium to long-term.

Blackrock International Land plc is pleased to announce that it has acquired a portfolio of six office buildings in The Netherlands for €46.5m.

THE ISEQ index continued on an upward trend yesterday on a strong performance by the banks. The exchange added 65.89 points to close at 7,873.84.

Dublin-based property company and Fyffes spin-off Blackrock International Land plc has bought 16,000 square feet of modern office accommodation in Milton Keynes in England for €4.5m.

Fyffes plc has announced that performance so far this year is in line with expectations.

The ISEQ index of Irish shares has fallen by 86.43 points to 7682.36 today.

Property company Blackrock International Land plc has been admitted to trading on the IEX market of the Irish Stock Exchange and the AIM market of the London Stock Exchange.

A circular to Fyffes shareholders setting out details of the proposed demerger of the group’s property undertaking and the subscription for shares in the new property company has been posted today.

Uniban SA, the main banana and plantain export company in Colombia and Fyffes plc have entered into a strategic alliance in the United States through a 50/50 ownership in Turbana Corporation, a Florida corporation, the marketing subsidiary of Uniban SA in the United States.

THE legal action by Fyffes plc alleging insider dealing in connection with the €106 million sale of the DCC stake in the fruit distributor concluded at the High Court yesterday.

A DISPUTE broke out at the High Court yesterday over whether lawyers for Fyffes plc should have produced certain documents which, DCC claims, are crucial to and supportive of its denial of allegations that it breached insider dealing provisions of the Companies Act in relation to a €106 million sale of the DCC stake in Fyffes in February 2000.

Fruit distributor Fyffes says it has ended talks with the Italian importer of fruit and vegetables Bocchi Holdings.

Fruit importer Fyffes plc has stated that it has completed the disposal of its interest in its property joint venture in Dundalk, Co Louth.

Irish fruit importer Fyffes plc has been awarded a prestigious European accreditation that assures consumers concerning of its product safety.

NEIL McCANN, the veteran chairman of fresh produce importers Fyffes stepped down from his post yesterday.