Capital Group in massive Cairn Homes share sell-off
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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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures