Saturday January 18, 2020

Ireland’s new owners will want their cut

13th March, 2016

It is difficult to calculate exactly how much of Ireland has been acquired by global private equity giants, investment banks and mammoth hedge funds in recent years. The collapse of the Irish banking system meant that financial institutions were forced to unload tens of billions of euro in distressed loans at a steep discount. Nama, the state loan agency, is nearing the end of the process of selling more than €30 billion in loans and...

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