Mayo tycoon flabbergasted' by Euro 1bn price tag on his old firm

Mayo tycoon flabbergasted' by Euro 1bn price tag on his old firm

John Griffin, the founder of Britain's biggest taxi and car hire business, believes his old company is worth Euro 190m

The Mayo multimillionaire whose taxi business sold for Euro 380 million to a private equity giant has said he is ''astonished at the Euro 1 billion price tag put on the business.

John Griffin built up Addison Lee into Britain's biggest taxi and car hire business, and sold a controlling stake in it to US fund Carlyle, which has appointed Credit Suisse to look at selling it for a reported Euro 1 billion -“ almost three times...

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