By Q Radio news
A prominent Northern Ireland businessman has confirmed he's pulled out of talks to buy Ballymena firm Wrightbus.
Darren Donnelly - the former owner of SDC Trailers - confirmed in a statement this afternoon he has withdrawn from the proceess to find an investor for the troubled bus company.
The bus firm is up for sale amid financial problems.
It has a workforce of around 1400 in Northern Ireland.
The news came as a Wrightbus spokesperson said discussions with potential investors were at an advanced stage.
The company went on to say it's optomistic about the future and is working hard to get the best possible deal for the workforce.
Meanwhile, Q Radio understands discussions about the Galgorm company are continuing with other interested parties - including one from China.
£8m to improve access to dentists announced by Health Minister
Fire at derelict hotel being treated as deliberate, police say
Man injured after house and three vehicles set alight in Co Antrim
IT system for Northern Ireland schools ‘largely restored’ following cyber attack
£100 home heating oil grant to be paid out by ‘summer at earliest’