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

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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