Merrion Capital group is to conduct a review of its businesses, which may result in cash being given back to shareholders. John Conroy, one of Merrion’s founders, stepped down as chief executive and is expected to take a 50 per cent interest in the group’s corporate finance division. Michael Hodson, head of finance, is to become interim chief executive.
It is understood that Merrion will consider pulling back from some less profitable...
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