One51 sells its stake in Augean for over €10m

Irish investment firm One51 has sold off its full stake of 17.6 million shares in English hazardous waste management company Augean, according to market sources.

With Augean’s shares valued at 48 pence sterling, the sale is worth approximately £8.5 million (€10.2 million) to One51.

The sale of the shares is part of the investment firm’s ongoing disposal of various investment assets acquired during the boom years.

In October 2013, One51’s chief executive Alan ...