O’Flynn takes control of Tiger in €123m deal

Cork builder O’Flynn Construction has taken control of investment firm Tiger Developments, buying out clients of Goodbody Stockbrokers in a deal worth €123 million.

2nd September, 2006

Cork builder O’Flynn Construction has taken control of investment firm Tiger Developments, buying out clients of Goodbody Stockbrokers in a deal worth €123 million.

Tiger was formed in 1999 as a joint venture between O’Flynn Construction, headed by Michael O’Flynn, and the Goodbody clients. Sources said O’Flynn had wanted to buy out the Goodbody investors for some time, and the deal was struck at an agreed price.

Goodbody...

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