Cairn Homes, the publicly quoted housebuilder, has used its financial firepower to make a splash in recent years, spending hundreds of millions of euro assembling a land bank of some of the best sites in the state.
It’s not the only money it has spent. Last week, it was revealed that the three founders of the company – brothers Kevin and Michael Stanley, and Scottish investor Alan McIntosh – split €61 million in shares between...
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