CPL founders in line for €110m pay day in takeover

Recruitment firm agrees to all-cash offer from Japanese hiring giant Outsourcing

4th November, 2020
CPL founders in line for €110m pay day in takeover
Anne Heraty’s stake in Cpl is worth €91 million. She founded the company in 1989. Picture: Feargal Ward

Anne Heraty and her husband Paul Carroll are in line for a €110 million pay day after agreeing the sale of their recruitment business CPL Resources.

CPL today said it had agreed to a €11.25-per-share takeover offer from Japan’s Outsourcing in a deal that values the Irish company at almost €318 million.

Heraty is the largest single investor in the company she founded in 1989 and then listed on the stock market...

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