Smurfit family swaps shares in gambling company GAN

Barry J Whyte

Chief Feature Writer @whytebarry
15th July, 2018
Smurfit Kappa chief executive Tony Smurfit

Smurfit Kappa chief executive Tony Smurfit has trimmed back his holding in his cousin Dermot Smurfit jr’s online gaming company GAN by distributing shares to other family members, including family patriarch Michael Smurfit.

While the precise breakdown of who received the shares is not disclosed in stock market filings, Tony Smurfit’s position was pared down from 6.4 per cent to 4.8 per cent. Had Smurfit sold them on the open market, the shares...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Content is king – just ask Netflix as rivals attempt to steal its crown

Tom Maguire: Tax changes we make now could help business for years