The INQUISITOR

Moloney’s potential masterstroke on Glanbia sale

24th April, 2010

Praise will be due to John Moloney, chief executive of Glanbia, if he manages to sell the group’s Irish assets to its farming coop in a €340 million deal.

It would be a masterstroke for the publicly quoted company to get such a great price, offload its Irish business, focus on international growth and reduce the coop’s stake in his company from over 50 per cent to around 20 per cent.

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