Carroll effect spreads far andwide

It may not be all that clear who has first call on Liam Carroll’s stakes in Greencore and ICG

22nd August, 2009

The collapse of a large part of property developer Liam Carroll’s business empire will have direct consequences for the share price and possible future ownership of at least two of the country’s leading stock market companies:

Greencore and ICG. Last week, Ulster Bank - which lent Carroll some of the money to acquire his 29.5 per cent stake in Greencore - made it clear that it believes it is in complete...

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