Kingspan awarded damages over purchase

Irish Construction firm Kingspan has been awarded more than $40m €33m in damages over its purchase of US company Tate in 2001.

Kingspan awarded damages over purchase

Irish Construction firm Kingspan has been awarded more than $40m €33m in damages over its purchase of US company Tate in 2001.

Kingspan took a case last year against Tate, which installs raised access floors, accusing management of breaking the terms of agreement by not informing Kingspan of a slump in its business.

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