Goodman doubles stake in Green Reit as takeover offer nears

Goodman doubles stake in Green Reit as takeover offer nears

Larry Goodman has almost doubled his stake in property firm Green Reit as it edges towards a takeover offer.

A company connected with the Louth businessman called Vevan Unlimited disclosed that it now owns just over 5 per cent of Green Reit’s shares, up from his last reported stake of 2.85 per cent. Based on Green’s closing share price last Friday of €1.81, the stake owned by Vevan is worth just over €63 million.

The beef tycoon...

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