Saudi fund's Brown Thomas investment, customer service getting worse and how many homes do we really need?

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The best news, analysis and comment from The Irish Times business desk

Saudi Arabia's PIF is taking a 40 per cent stake in the owner of Brown Thomas and Arnotts. Photograph: Dara Mac Dónaill / The Irish Timesglobally in recent years, but it has done relatively little that has related to Ireland. That is changing though, as the fund is taking a minority stake in the company behind Brown Thomas and Arnotts.

, in a deal worth as much as £500 million . The Ballymena-based firm will provide the buses over the next three years, said the company. The deal, the largest in the firm’s history, safeguards 500 so-called green jobs at Wrightbus and will support an additional 1,500 across the supply chain, it added.should act as a “catalyst” to jolt others to find agreement on the contested changes, Minister for Public Expenditure Paschal Donohoe has said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Arabia’s investment fund takes stake in Brown Thomas and Arnotts ownerSaudi Arabia's Public Investment Fund will hold 40% of company behind well known department stores
Source: IrishTimes - 🏆 3. / 98 Read more »