Denis O’Brien’s New Zealand move and the corporation tax riddle - News Summed Up

Denis O’Brien’s New Zealand move and the corporation tax riddle


O’Brien took a 24.3 per cent stake in late 2024 amid a refinancing of the loss-making business. Ireland’s dependence on corporation tax from big US multinationals has been front and centre in recent weeks. Data centre builder and operator Equinix is to create 200 jobs with an investment of up to $700 million (€594 million) in Dundalk, Co Louth. Ronald also has details of the private Irish investors closing in on a knockdown €20 million deal for a Dublin 4 office block. The Ballsbridge property is set to change hands at a 50 per cent discount on its 2019 sale price.


Source: The Irish Times February 25, 2026 15:25 UTC



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