Original Smurfit Kappa investor cashes out
Private equity firm Cinven has offloaded the remainder of its shareholding in Irish packaging giant Smurfit Kappa.
Private equity firm Cinven has offloaded the remainder of its shareholding in Irish packaging giant Smurfit Kappa.
The firm sold 7.3 million shares in Smurfit Kappa on Monday, meaning it no longer owns any of the company, according to a note to the stock exchange. Cinven was, along with private equity groups CVC and Madison Dearborn, one of Smurfit Kappa’s main shareholders before it floated on the stock exchange in 2007.
Smurfit’s shares were trading...
Subscribe from just €1 for the first month!
What's Included
With any subscription you will have access to
-
Unlimited multi-device access to our iPad, iPhone and Android Apps
-
Unlimited access to our eReader library
-
Exclusive daily insight and opinion seven days a week
-
Create alerts to never miss a subject that matters to you
-
Get access to exclusive offers for subscribers on gifts and experiences
-
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
