Sunday November 1, 2020

For Unidare and Viridian investors, cash is king

The healthy appetite among investors for cash was further satisfied last week with pledges from both Unidare and Viridian to hand back over €200 million to shareholders.

4th June, 2005

The healthy appetite among investors for cash was further satisfied last week with pledges from both Unidare and Viridian to hand back over €200 million to shareholders.

Distributor Unidare has promised to return €47.6 million to shareholders following the sale of Dutch water-heater business Daalderop for €55 million.

The cash payment is a just reward for shareholders who have had to be patient with the company through its troubles in recent years. They include Dermot...

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