Shares in nutrition group Glanbia dipped on Wednesday after its largest shareholder, Tirlán Co-operative Society, sold a 6.8 per cent stake in the business to institutional stock market investors and the listed group itself at a slight discount to their previous closing price.
Tirlán plans to use the €230 million proceeds from the share sale, carried out at a 3.2 per cent discount to Monday’s closing price, to help repurchase €250 mil
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