Smurfit on course for Ryder Cup in E115m K Club deal

Brian O’Mahony, Chief Business Correspondent

Thu, 02 Jun, 2005 - 01:00

The announcement was made yesterday by paper and packaging group Jefferson Smurfit, which was led by Dr Smurfit until he sold the group to Madison Dearborn, a US equity investment group, in 2002.

The company says the E115m paid for the site will be used to cut debt.

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