Mater set to agree takeover of hospital

MATER Private Healthcare has confirmed its interest in the takeover of a €90 million Cork hospital that closed just five months after it opened.

Wed, 11 May, 2011 - 01:00
Catherine Shanahan

The Mater has reached “agreement in principle” with John Cleary Developments (JCD), the landlord of the premises that housed the €90m facility which closed in March with the loss of 75 jobs and unsecured liabilities of €5m.

The company behind the CMC development, Sheehan Medical Ltd, blamed its closure on a refusal by the VHI to provide cover at the facility.

You have reached your article limit. Already a subscriber? Sign in

Save €40 on an Annual Subscription.​

Continue reading within unlimited digital access and exclusive subscriber benefits.

Cancel anytime

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Naval Service recruits barricaded bedrooms over fears of sexual assault, tribunal hears Naval Service recruits barricaded bedrooms over fears of sexual assault, tribunal hears
Watchdog orders Portobello Institute to correct information for courses Watchdog orders Portobello Institute to correct information for courses
Russian Embassy dismisses claims of link to bomb threats targeting Irish media and airlines Russian Embassy dismisses claims of link to bomb threats targeting Irish media and airlines
CourtsPlace: CorkPlace: City GatePerson: John ClearyPerson: Fergus ClancyPerson: ClancyOrganisation: MaterOrganisation: Mater Private HealthcareOrganisation: DevelopmentsOrganisation: JCDOrganisation: CMCOrganisation: Sheehan Medical LtdOrganisation: VhiOrganisation: Mater PrivateOrganisation: Cork City CouncilOrganisation: CMC Operations LtdOrganisation: SheehansOrganisation: Sheehan Medical Ltd.Organisation: Bon SecoursOrganisation: Cork Medical Centre
<p>The drivers of both vans, a woman in her 40s and a man in his 50s, died following the collision at about 12.30pm at Cappincur, near Tullamore.</p>

Man and woman die following collision between vans in Offaly

READ NOW

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Latest

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited