Altada to be sold in unexpected turn of events; Ireland’s €1 billion whiskey export industry

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Exclusive: Altada to be sold to founding investor in unexpected turn of events A founding investor in Altada has succeeded in his bid to acquire the technology company out of receivership ahead of the preferred bidder.

‘I only see good things at the moment’ – Irish Whiskey Association chair James Doherty on a booming industry As that the value of whiskey exports exceeds €1 billion, the founder of Sliabh Liag Distillers and chair of the Irish Whiskey Association sits down with Barry J Whyte, and says there is more growth to come.

The company wrote to a number of TDs last October to complain about the airport’s rule that drivers who want to pick up passengers from the airport’s main taxi rank have to buy a permit, which costs €440 for a year. Taxi drivers must also make a minimum of 120 trips over a three-month period to retain their permit.

Data from the Banking and Payments Federation Ireland showed that some €1.5 billion worth of mortgages were approved in November 2022 alone – a 2.5 per cent increase compared with the previous month and significantly higher than the same month in 2021. This value arose from the fact that 5,433 mortgages were approved in November.

 

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Altada staff to resign after second bid for company acceptedPotential sale unlikely to resolve ‘brewing row’ over €500,000 debt
Source: IrishTimes - 🏆 3. / 98 Read more »