Business Post

While TCH's other major newspaper titles, the Irish Examiner and Evening Echo, are based in Cork, the Post is published in Dublin.[8] The High Court was told that there might be a voluntary redundancy scheme at the newspaper in late 2013 which would target 25 staff positions.This could coincide with pay cuts of 7% for employees and further possible changes as part of a financial restructuring plan for the company, the court was told.[11] It was reported on 12 May 2013 that bidders for The Sunday Business Post included Michael Brophy, a former chief executive of Independent News & Media (Northern Ireland).[20] In September 2018, it was announced that Kilcullen Kapital Partners (KKP) had acquired the SBP under the ownership of Enda O'Coineen.[21] In October 2018, it was announced that a three-to-four-month consultation was occurring at The Sunday Business Post that might lead to the print closure.[24] In April 2019, it was announced that the CEO of the Post Publications was leaving the company[25] and it was reported that the SBP owner might float it on a stock exchange.[26] In July 2019, it was reported that Beach Point Capital have provided backing to the owners of the Sunday Business Post.[28] In September 2019, it was revealed that the previous owner, Sunrise Media, wrote off €1.1m it had invested in the newspaper following its sale to Kilcullen Kapital.[30] In October 2019, it was reported that the owner of the Sunday Business Post had closed a deal to buy a portfolio of magazine titles including Irish Tatler, Food & Wine and Auto Ireland, from US-Irish investors in an all-share transaction.
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