Friday September 25, 2020

The Quinn family could get stake in QIHL in 12 to 18 months

Quinn asked to stop criticising its management

22nd May, 2016
Peter Darragh Quinn is a fugitive in the North from contempt of court orders in the Republic Pic: RollingNews.ie

The prospect of Sean Quinn or his family becoming shareholders in Quinn Industrial Holdings Ltd (QIHL) could be revisited within a year to 18 months.

This would allow Quinn acquire shares in the company from QBRC a group which holds 20 per cent of QIHL on the behalf of local businessmen and its management.

However, in order for Quinn or his family to be allowed obtain some of this QBRC shareholding he has been asked to be...

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