Oireachtas Joint and Select Committees

Thursday, 24 May 2018

Public Accounts Committee

Financial Statements 2016: Higher Education Authority, University College Cork and Cork Institute of Technology

9:00 am

Mr. Paul Gallagher:

The asking price was around €950,000. The valuation was €1.1 million and we subsequently paid €1.25 million. We were aware that there was another bidder but it was about a 10% premium on the valuation.

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