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Irish tycoon said to halt sale of Portugal resort

Published Sun, Dec 6, 2015 · 09:50 PM
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Lisbon

IRISH billionaire Denis O'Brien halted the sale of Quinta do Lago, an exclusive resort in Portugal, for now after bids fell short of the asking price, a person with knowledge of the matter said.

Mr O'Brien, 57, sought about 220 million euros (S$334.5 million) for the resort, according to the person, who asked not to be named because the matter is private.

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