Spread betting firm to sell Irish arm to former managers for almost €10m

WORLDSPREADS, the financial spread betting and online share trading service, has reached agreement over the sale of its Irish division, for nearly €10 million, to some of its existing management team.

Spread betting firm to sell Irish arm to former managers for almost €10m
Tue, 11 Aug, 2009 - 01:00
Geoff Percival

The IEX and AIM-listed firm, headed by Conor Foley, will sell the business to a consortium currently named Spreadbetting Ltd.

This is headed by former Worldspreads management figures Brian O’Neill and Fergus Rice.

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CourtsPlace: DublinPlace: IrelandPlace: LondonPlace: BritainPlace: SpainPlace: HungaryPlace: GreecePlace: Eastern EuropePlace: PolandPlace: Czech RepublicPlace: SloveniaPlace: RussiaPerson: Conor FoleyPerson: Brian O’NeillPerson: Fergus RicePerson: RicePerson: O’NeillOrganisation: IEXOrganisation: AIMOrganisation: Spreadbetting Ltd.Organisation: WorldspreadsOrganisation: Spreadbetting LtdOrganisation: Merrion CapitalOrganisation: Sports Spread BettingOrganisation: Ireland
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