Wells Fargo (WFC), JPMorgan (JPM) and Lone Star have reportedly won final bids for Anglo Irish...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

Wells Fargo (WFC), JPMorgan (JPM) and Lone Star have reportedly won final bids for Anglo Irish Bank's $9.65B portfolio of U.S. commercial real-estate loans, with the winning offers averaging about $0.80 on the dollar. JPMorgan and Wells will buy mostly performing debt, and Lone Star subperforming and nonperforming loans.