Doyle family leads race to acquire Jurys Doyle

20 October 2005
Doyle family leads race to acquire Jurys Doyle

Victory is in sight for the Doyle family this week after it increased its stake in the Jurys Doyle hotel group to more than 50%.

The Doyle family consortium, JDH Acquisitions, bought Liam Carroll's 8.3% stake for €49.9m (£34m). Jurys Doyle directors have also backed its €18.90 (£13) per share offer for the group.

However, the battle will not be over until major shareholder and builder Sean Dunne reveals plans for his 28% stake.

A JDH spokesman said: "It doesn't matter if Sean Dunne decides to sell or not, as we are happy to have a simple majority."

JDH said a successful bid will ensure the Jurys Doyle group remains in the hotel business.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking