Capital Group in massive Cairn Homes share sell-off

Barry J Whyte

Chief Feature Writer @whytebarry
13th January, 2019
Minister of state Finian McGrath

The American investment fund the Capital Group last week sold nearly €12 million worth of shares in Irish house building firm Cairn Homes.

It brings its stake in Cairn down to to 2.97 per cent, compared with more than 6 per cent in mid-December.

On December 14, the firm sold €1.2 million worth of shares, which it followed with a sale of €12.8 million on December 20. The most recent sale, of around €11.7 million, brings to...

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