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

|By:, SA News Editor

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.