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.
Belgique Dernières Nouvelles, Belgique Actualités
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