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

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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.

 

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Teeling brothers put €60.5m-worth of shares into new companyShare swap move could make Teeling Whiskey worth nearly €150 million
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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 »