Business

Quinlan tycoon will step down as chief

11 April 2012

One of Ireland's best-known property tycoons is to retire at the end of this month. Derek Quinlan, 61, a former tax inspector, is stepping down as chairman of investment group Quinlan Private but remains a big shareholder.
His firm bought the Savoy Group of hotels for £750 million five years ago and in 2007 paid £1 billion for Citigroup's HQ in Canary Wharf.

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