McEnroy set to buy back stake in Paraguayan bank
The Irish financier sold the $20m stake in Sudameris over the last two years
Conor McEnroy, the Irish financier who owns Paraguay’s fourth-largest bank, has plans to buy back a large stake he sold in the business over the last two years.
McEnroy has sold around $20 million-worth of shares in Sudameris to FMO, the Dutch development bank, and Jerónimo Nasser, the general manager of the bank.
McEnroy sold the stake in two chunks in the last two years, according to financial accounts for one of...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Analysis: Kerry Group split may not be as easy as it looks
A co-op move to take over the consumer foods division is expected within weeks but while it seems like a win-win for all involved, much work is needed to make it happen