Thursday February 20, 2020

From The Archive: ‘Our price was a fair one’

In this piece from The Sunday Business Post archives, James Morrissey heard from Tony O’Reilly how the then new investors in Waterford Wedgwood wanted to play an imaginative role in the company

12th November, 2017
2
Tony O’Reilly, who was chairman of corporate finance house Fitzwilton when it took over Waterford Wedgwood Pic:Getty

‘I think we have made our investment at a fair price for our shareholders and a fair price to the value of the company as it is today,” Fitzwilton chairman Tony O’Reilly told The Sunday Business Post this weekend.

He said that he hoped that trust between management and the workforce at Waterford would become a feature of healthy industrial relations at the company.

“Paddy Galvin, he’s the most honest, direct,...

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