Thursday October 22, 2020

Possible €70 million price for Sherry Fitz stake

Estate agent Sherry FitzGerald stands to earn upto €68million from the impending sale of its stake in Marsh & Parsons, its London subsidiary.

13th August, 2011
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Estate agent Sherry FitzGerald stands to earn upto €68million from the impending sale of its stake in Marsh & Parsons, its London subsidiary.

Marsh & Parsons accepted final bids for the sale of the business last Friday, with both private equity firms and trade buyers rumoured to be interested.

According to reports from mergers and acquisition news service Merger market, the sale price is expected to be between £50 million and £60 million (€57...

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