Spar investor made €280m in four years
Electra Partners, the British private-equity house that is selling its 65 per cent stake in the holding company behind the Spar shop group, has cleared a profit of more than €280 million on its four-year investment in the business.
Ian Kehoe
Electra Partners, the British private-equity house that is selling its 65 per cent stake in the holding company behind the Spar shop group, has cleared a profit of more than €280 million on its four-year investment in the business.
Electra will this week announce that it has sold its holding in BWG, which operates the Spar and Mace franchise, to the company’s management team. The deal was completed late last week following a month of talks...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
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