News Formal

Teeling brothers put €60.5m-worth of shares into new company

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Share swap move could make Teeling Whiskey worth nearly €150 million

The brothers behind the Teeling Whiskey company have transferred €60.5 million-worth of shares into a new corporate vehicle, in a move which could value the business at almost €150 million.

Jack and Stephen Teeling have set up a new company called Teelco Investments, and a recent filing shows that they executed a share swap for the majority of their holdings in the distillery.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Teeling brothers put €60.5m-worth of shares into new companyShare swap move could make Teeling Whiskey worth nearly €150 million
Source: businessposthq - 🏆 8. / 71 Read more »

Teeling brothers put €60.5m-worth of shares into new companyThe brothers behind the Teeling Whiskey company have transferred €60.5 million-worth of shares into a new corporate vehicle, in a move which could value the business at almost €150 million.
Source: businessposthq - 🏆 8. / 71 Read more »