One51, the former IAWS Coop, is expected to follow its money in NTR when the utilities company goes back to investors in the autumn with a €150million rights issue.
The investment holding company headed up by Philip Lynch will need to stump up about €39 million to maintain its 26 per cent holding in NTR. The large stake, which was acquired for an estimated €120million, was worth €238 million this weekend.
One51 confirmed last...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team