Quinn confirms market speculation with Barlo bid

Sean Quinn has launched a takeover offer of 48c per share for MBO target Barlo, valuing the plastic and radiator company at €84m.

Quinn confirms market speculation with Barlo bid
Tue, 23 Mar, 2004 - 15:02

Sean Quinn has launched a takeover offer of 48c per share for MBO target Barlo, valuing the plastic and radiator company at €84m.

The current MBO group, Melgan, is headed by Barlo chief executive Tony Mullins and is just 40c a share, 20% lower than the Quinn offer.

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