Newcourt raises €8m to buy Sheehan Security

Outsourcing company Newcourt has raised €8m in new funds through a private placing managed by NCB in order to buy Cork-based Sheehan Security.

Tue, 13 Apr, 2004 - 18:15

Outsourcing company Newcourt has raised €8m in new funds through a private placing managed by NCB in order to buy Cork-based Sheehan Security.

The €8m has been provided by clients of NCB's wealth management division and by the Guinness Ireland Ulster Bank Equity Fund, which is also managed by NCB.

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