INDEPENDENT News & Media (INM) chief executive Gavin O’Reilly has hinted that a number of board changes may happen in the not-too-distant future, in the wake of the group finally concluding the terms of its financial restructuring project.

DENIS O’BRIEN has hit back at Independent News & Media’s (INM’s) planned sale of its South African outdoor advertising subsidiary, by calling for an extraordinary general meeting (EGM) to block the move and make further changes to the INM board.

MANAGEMENT at Independent News & Media (INM) is hopeful of finally reaching a refinancing agreement with lenders on its long overdue €200 million bond, without having to seek a fourth deadline extension — and has ruled out any need for the business to go into examinership.