Grafton close to Heiton takeover in €13m deal

Grafton has increased its stake in Heiton Holdings to just over 29%, fractionally short of the level needed to make a bid for the company.

Grafton close to Heiton takeover in €13m deal
Thu, 20 May, 2004 - 17:42

Grafton has increased its stake in Heiton Holdings to just over 29%, fractionally short of the level needed to make a bid for the company.

The building materials and DIY group bought 2.6 million Heiton shares, according to a statement on the Irish Stock Exchange.

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