Wednesday October 28, 2020

Goldman Sachs takes Tifco stake, steps up hotel play

22nd December, 2014

Global investment giant Goldman Sachs has bought an equity stake in Tifco, one of the largest players in the Irish hotel sector, as part of a major Irish hotel play.

Having already acquired the bank debt of Tifco, which owns a chain of five hotels and has management contracts on a string of other properties, the investment bank has now also bought an equity stake in the hotel chain.

The bank has sought clearance from...

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