Soros firm sells €2.1m worth of shares in Cairn Homes

The billionaire’s Soros Fund Management reduces stake in construction firm to 2.87 per cent from 3.21 per cent

Barry J Whyte

Chief Feature Writer @whytebarry
8th November, 2020
Soros firm sells €2.1m worth of shares in Cairn Homes
George Soros, founder and chair of Soros Fund Management and the Open Society Foundations. Picture: Getty

Soros Fund Management, an investment firm founded by George Soros, the billionaire, has sold off €2.1 million worth of shares in Cairn Homes.

Stock exchange filings released last week show that the firm reduced its stake in the company from 3.21 per cent to 2.87 per cent, equivalent to nearly 3 million shares. That stake is now worth €18.5 million at the company’s current share price of 87 cents.

The sale comes a few weeks after Deirdre...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Dingle boatmen claim government has left them high and dry with no support

SMEs Donal MacNamee 1 day ago

Business owners ‘over the moon’ as trial traffic reduction on Merrion Row gets go-ahead

Business Eva Short 2 days ago