Questions over SWS’s price tag

THE supplementary due diligence continuing at South Western Services raises further questions about what the business is worth.

Well-placed sources said the supplementary due diligence could result in the €42.5 million offered for parts of the business being cut further.

IAWS Co-op initially indicated a willingness to pay €50m up front for key parts of the business, including the wind farms and waste management operations.