Graeme McDowell may be experiencing patchy form on the golf course in 2015, but he can console himself with accumulated profits, at his commercial firm, topping $12m (€10.68m).

Dublin-domiciled Horizon Pharma has tabled a hostile bid — valued at $3bn (€2.74bn) — for US-based speciality pharmaceutical company Depomed.

Accumulated profits at the sports agency business that hit the jackpot over its break-up with golfing superstar, Rory McIlroy increased by over €100,000 last year.

Dublin-headquartered Horizon pharmaceutical has agreed to buy Hyperion Therapeutics for $1.1bn (€1bn) to gain drugs to treat rare metabolic diseases, adding to this year’s surge in pharmaceutical- industry takeovers.

Here’s a run down of today’s business headlines.

Pharmaceutical company Horizon is set to create 60 highly skilled positions in Dublin over the next three years.

Rory McIlroy’s out-of-court settlement with his former management company brings to mind that scene from Monty Python’s Life of Brian when the kindly Roman centurion is lining up the locals for execution.

Golfer Rory McIlroy’s case against former management company Horizon Sports Management has been settled. It is understood the golfer will pay the firm over $25m (€21.8m) in a once-off payment plus costs.

If Rory McIlroy thought his disengagement from Caroline Wozniacki was a public affair, it was a Sunday morning stroll over a local nine-hole course compared to the majors-scale excitement caused by his uncoupling from his former management company.

The world’s number one golfer Rory McIlroy is to continue negotiations with his former agent in an attempt to avert a potentially long and bitter courtroom showdown over a multimillion euro contract dispute.

Lawyers for both sides in Rory McIlroy’s legal case against his former sports management company have for a second time asked for the case to be deferred.

Irish golfer Rory McIlroy is set for a courtroom showdown today in a lawsuit against his former agent.

The world’s number one golfer is set for a courtroom showdown tomorrow in a lawsuit against his former agent.

Rory McIlroy has scored a legal victory ahead of his High Court showdown with his former agents Horizon Sports.

Trio accused of working against golfer’s relationship with agency

Sports management company Horizon seeks application for further inspection of mobile phones

Court told devices were restored to factory settings as Horizon claims they may have held vital material

Rory McIlroy's lawyers have told the High Court the golfer has done nothing wrong by deleting data from his old mobile phones in order to protect his privacy.

Golfer Rory McIlroy’s father is to be asked to produce documents as part of his son’s legal dispute with a sports management company, the Commercial Court has heard.

World number one Rory McIlroy faces a break from the sport as a Dublin courtroom is poised to take centre stage rather than a golf course early next year.

Accumulated profits at the commercial firm owned by golf Major winner, Graeme McDowell last year soared by $3.29m to $13.2m (€10.4m).

Rory McIlroy has the chance to let his golf do the talking against Phil Mickelson in the opening session of the Ryder Cup, in a match US captain Tom Watson predicted should be a “barn-burner”.

Europe's Ryder Cup team have laughed off Phil Mickelson's attempt to wind them up on the eve of the event.

Ryder Cup veteran Phil Mickelson insists the United States remain underdogs at Gleneagles despite making fun of the speculation about disharmony in the European team.

Phil Mickelson hurled a verbal grenade into the Ryder Cup pressure cooker yesterday by suggesting the ongoing legal dispute between Rory McIlroy and his management company was affecting European team harmony.

Graeme McDowell might have called it a "conscious uncoupling" but whatever way you put it, the Ryder Cup star admitted his golfing dynamic with Rory McIlroy was very different now to when they first played together five years ago.

Ryder Cup captain Paul McGinley has blown the debate over Rory McIlroy and Graeme McDowell playing together wide open by saying there are not an unbeatable pairing.

A High Court judge has ordered the world’s number one golfer Rory McIlroy and his former management company, Horizon Sports Management, to engage in peace talks over the next four weeks.

Irish golfer Graeme McDowell last night toasted the "happiest moment of my life" as he welcomed his first child into the world, a life-changing moment that followed hot on the heels of a career-changing one.

Graeme McDowell will sit out the Deutsche Bank Championship in Boston after becoming a father on Monday.

Horizon Sports Management released a statement yesterday evening announcing that Graeme McDowell will leave the company when his current contract expires at the end of the year.

When Rory McIlroy took a two-shot lead into the weekend at Valhalla he was asked about the keys to his amazing summer.

-Judge: Details on McDowell’s role in sports agency to be disclosed

Rory McIlroy is to receive details of fellow golfer Graeme McDowell's shareholding in Horizon Sports Management as part of a lawsuit against his former agents.

It began in January 2013, with an Abu Dhabi laser show worthy of the New Year’s Eve fireworks in Australia that served as a backdrop for his ill-fated engagement to Caroline Wozniacki nearly one year later.

Ryder Cup skipper Paul McGinley yesterday insisted Rory McIlroy and Graeme McDowell will "be professional" and put any possible strain in their relationship aside to team up again at Gleneagles in September.

The most likely crash site of the missing Malaysian Airlines jet has yet to be searched, a UK satellite company has claimed.

Rory McIlroy’s break-up with fiancee Caroline Wozniacki is just the latest incident in a long line to threaten the Irishman’s golf game.

An email sent by golfer Rory McIlroy in October 2011 indicated no difficulty with a proposed representation agreement under which he would pay commission rates of 20% and 5% respectively on his off- and on-course earnings, the Commercial Court in Dublin was told yesterday.

Horizon Pharma is to become the latest US drug firm to switch its corporate base to Ireland to take advantage of the country’s low corporate tax rates.

A dispute on the extent of documents which must be handed over for the legal action by golfer Rory McIlroy over a representation agreement for services provided by Horizon Sports Management will be heard at the Commercial Court next month.

The promotional catchphrase for this week’s Abu Dhabi HSBC Championship is – ‘Expect the Unexpected’.

Rory McIlroy is gunning to make up for his 2013 disaster by targeting not one but two major wins this year.