Dunne seals €260m deal for site
After signing off on the most expensive land deal in the history of the state Mr Dunne insisted he was still keeping “all his options open” on the 28% stake in the hotel chain.
That stake cost him a further €200m to accumulate and if he sold now it would net him €20m in profits. At this stage a consortium led by the daughters of the late PV Doyle have bid €18.90 for the Jurys Doyle chain but Mr Dunne who was a counter bidder to the Doyle’s was outflanked in the bidding process.
