Castlemartin sale: reports

There are reports this morning that a sale is close to completion of Castlemartin Estate, the Irish home of Sir Anthony O'Reilly, writes Brian Byrne.

The buyer is said to be US businessman John Malone, for a reported figure of €28m. He is the man behind international telecommunications operator Liberty Global, owner of the UPC cable company in Europe.

Mr Malone has recently bought other property in Ireland, including hotels in Dublin and Limerick, and a stud farm in Thomastown, Co Kilkenny.