Smiles Dental investors will share €23.4m

Liquidator appointed to divvy up sale proceeds.

Ian Kehoe - avatar

Ian Kehoe

24th August, 2014

Smiles all round: Emmet O’Neill, the healthcare entrepreneur, is sharing in a net €23.4 million windfall from Smiles Dental, with a liquidator now appointed to divvy up the sale proceeds of the dental care provider.

Smiles was acquired in April by British company Oasis Healthcare for an undisclosed sum.

However, new filings reveal that the shareholders of the firm will now receive a payout of stg£18.8 million, after paying off all of its...

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