Increasing ranks of Irish multimillionaires
Michael Costello will not have to look far for advice on how to manage his windfall if the sale of Pinewood Laboratories goes ahead.
Michael Costello will not have to look far for advice on how to manage his windfall if the sale of Pinewood Laboratories goes ahead. A spate of deals so far this year has created a new generation of Irish multimillionaires. They have benefited from an increase in international merger and acquisition activity, which has seen Irish companies become targets for overseas buyers.
In April, Kerry entrepreneur Jerry Kennelly sold his company, Stockbyte, for $135 million...
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