Representatives of Anglo Irish Bank are meeting this week with real estate and private equity firms to identify a small number of preferred bidders for its $10billion US commercial loan portfolio, according to sources.
It is understood the bank’s representatives are talking to a number of companies, including Blackstone, AREA Property Partners, Starwood Capital and Related Real Estate, to secure a quick deal in the €8 billion to €9 billion range and capitalise on a...
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