Life is sweet for Great-West
The Canadian insurance giant is getting its hands on Irish Life at a very reasonable price, writes Jon Ihle.
When Great-West Lifeco and the Irish government walked away from the negotiating table after failing to agree terms for the sale of Irish Life in November 2011, there was a hope - but no guarantee - that the parties might come together again in the future, under more favourable circumstances.
The Canadians had come a long way in a bidding process that lasted several months, but were not willing to take the final step and pay...
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