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EBS Bidders Shortlisted
Business & Finance - Investment
Friday, 22 October 2010 16:19
The Minister for Finance Brian Lenihan today confirmed that the EBS Building Society sales process has moved to its final stage.
All bids submitted have been compared and assessed equally based on range of criteria, including value for the taxpayer, structure and deliverability
Two bidders have been selected to participate in the final phase of the process; Irish Life & Permanent and a consortium of international investors led by Cardinal Capital Group
The two bidders will be asked to prepare final bids over the coming weeks.
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