Ex Post Facto

Kennedy Wilson targets Treasury assets; Apple disclosure unlikely here; Bus Eireann heading for uncertain times.

25th May, 2013
William McMorrow: chief executive of Kennedy Wilson.

They are at it again. Kennedy Wilson, the seemingly ubiquitous international investment fund, has emerged as the lead bidder for a €305 million portfolio of assets linked to Treasury Holdings. The US fund edged a very close-run bidding process to win the Opera CMH portfolio, which includes a string of major Irish assets, such as the Stillorgan Shopping Centre and Bank of Ireland's headquarters on Mespil Road.

The structure of the portfolio is highly complex...

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