Group mulls €100m stake

FARMER Business Developments is reported to be negotiating to take a €100 million stake in One51 Capital which is attempting to buy Irish Continental Group.

Fri, 27 Apr, 2007 - 01:00
Brian O'Mahony, Chief Business Correspondent

Its most notable investment is the 24% stake in FBD Holdings.

One51 refused to comment on the report which said negotiations were understood to be at an advanced stage.

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CourtsPlace: CorkPerson: Philip LynchPerson: LynchOrganisation: Farmer Business DevelopmentsOrganisation: One51 CapitalOrganisation: Irish Continental GroupOrganisation: FBD HoldingsOrganisation: One51Organisation: ICGOrganisation: Irish FerriesOrganisation: Doyle GroupOrganisation: IAWSOrganisation: FBD
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