O’Reilly increases Independent stake

INDEPENDENT News and Media (INM) chief executive, Tony O’Reilly, has increased his stake in the company to 26.39% after buying 2.6 million shares.

O’Reilly increases Independent stake
Thu, 13 Apr, 2006 - 01:00

He now holds just under 200 million shares, according to the Irish Stock Exchange.

The purchase is seen as a direct response to former business rival Denis O’Brien recently building a stake in INM.

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CourtsPerson: O’ReillyPerson: Tony O’ReillyPerson: Denis O’BrienOrganisation: Independent News and MediaOrganisation: INMOrganisation: Irish Stock Exchange
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