Friday August 7, 2020

Topaz bid £300m for UK fuel business

Ion Equity, the Dublin investment firm that owns the Topaz fuel business, made a £300million (€337.5 million) bid to buy almost 800 filling stations in Britain.

11th June, 2011

Ion Equity, the Dublin investment firm that owns the Topaz fuel business, made a £300million (€337.5 million) bid to buy almost 800 filling stations in Britain.

Neil O’Leary, chief executive of Ion, confirmed that the firm bid for the British assets of Total, the French fuels group, which have been on the market for a number of months. However, Ion did not make it to the final stages of the sale process after being outbid...

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