Moneybags

ABBEY’S MARKET EXIT LONG OVERDUE


Charlie Gallagher

Charlie Gallagher


THE INEVITABLE takeout of Charlie Gallagher’s Abbey plc house-building group by the Gallagher family is, like Anne Heraty’s CPL (bought out by the Japanese Outsourcing Inc), another example of a family-dominated business exiting the stock exchange. There are a number of similar characteristics associated with the two entities, including a strong liquidity preference that has... Read more »

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