Sale nets Merrion founders €38m

THE founders of Merrion Capital are set to walk away with over €38 million from the sale of the business to Icelandic group Landsbanki for a total of €55.3m.

Sale nets Merrion founders €38m
Wed, 16 Nov, 2005 - 00:00
Brian O'Mahony, Chief Business Correspondent

The founding directors include John Conroy, chief executive, Rory Gillen, Shane Nolan and Adrian O’Carroll.

Other key shareholders privy do the deal are Barry Connell and Kevin Kielty.

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CourtsPlace: New YorkPlace: Nordic regionPlace: EuropePlace: IcelandPlace: IrelandPerson: John ConroyPerson: Rory GillenPerson: Shane NolanPerson: Adrian O’CarrollPerson: Barry ConnellPerson: Kevin KieltyPerson: ConroyPerson: Halldor J KristjanssonEvent: ChristmasOrganisation: MerrionOrganisation: Merrion CapitalOrganisation: LandsbankiOrganisation: Allen & CompanyOrganisation: IIB BankOrganisation: Landsbankki
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