The High Court has approved the arrangements which will lead to the takeover of South Wharf by Becbay, a group made up of property developer Bernard McNamara, Derek Quinlan and the Dublin Dockland Development Authority.
The Becbay consortium is paying €412m under the deal, which sees it acquiring the site of the former Ringsend glass making plant.
The new arrangements become effective on January 29, and South Wharf shares will be delisted from the Irish Stock Exchange as soon as possible.
