Waterford Wedgwood gets another €25m from O’Reilly and Goulandris

Tony O’Reilly and Peter Goulandris have handed over an additional €25million in emergency funding in recent days to Waterford Wedgwood, the troubled luxury goods group in which they have a 51 per cent stake, bringing their total contribution to €50 m

2nd June, 2007

Tony O’Reilly and Peter Goulandris have handed over an additional €25million in emergency funding in recent days to Waterford Wedgwood, the troubled luxury goods group in which they have a 51 per cent stake, bringing their total contribution to €50 million in the last month alone.

O’Reilly, Waterford’s chairman, and Goulandris, the deputy chairman, agreed to a fresh cash injection after the company’s EGM on May 24, which saw shareholders approve a €100...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago