Monday November 30, 2020

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
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!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Analysis: The sandwich-maker has tapped its shareholders for €100 million amid the continuing uncertainty over the pandemic

Ian Guider | 1 day ago

The contract clinical, manufacturing, packaging and technology services business sees 34 per cent increase in adjusted operating profit

Peter O'Dwyer | 1 day ago

The tests have been assessed and passed for use by Public Health England, while the HSE is in talks over their use in Ireland

Róisín Burke | 1 day ago