Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Bank of Ireland (IRE) is near a sale of its Burdale Finance unit, a $1.1B unit that extends...

  • Friday, November 25, 2011, 9:30 AM ET
    Bank of Ireland (IRE) is near a sale of its Burdale Finance unit, a $1.1B unit that extends loans secured against assets in the U.K. and U.S., to Wells Fargo (WFC). The deal, which would be Wells Fargo’s third scoop this year on assets of Irish banks, may be completed by year-end. IRE +1.2%, WFC +0.3% premarket.
Track new comments on this story

This news story has 1 comment:

  • You would have to wonder with all the turmoil in the Banking industry...why Wells Fargo is buying this????? I think I would wait a couple of years until things clear up.....maybe save that cash for collateral..
    25 Nov 2011, 09:51 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)