The management and staff of Thurles-headquartered oil services company Kentz will share a windfall of about €122 million should the proposed acquisition of the company by SNC-Lavalin be ratified by shareholders.
Directors and managers at the company have a 6.7 per cent shareholding in the company, worth around £76.5 million, or €96 million, under the terms of the SNC-Lavalin offer.
Meanwhile, the Kentz Corporation Employee Benefit Trust has a 1.82 per cent holding in the company,...
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