The three founders of finance house Ion Equity have made more than €120 million from the sale of wind energy firm SWS to Bord Gáis.
Informed sources said the deal valued SWS at more than €300 million. Bord Gáis is also taking on SWS’s debt pile, giving the firm an enterprise value of €550 million.
Ion was the biggest shareholder in SWS, with a 40 per cent stake split...
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