Michael Murray: Wilbur Ross selling his stake in Bank of Ireland should lead to a more liquid market in the bank's share
There was nothing surprising about the announcement of Wilbur Ross's sale of his remaining stake in Bank of Ireland.
There was nothing surprising about the announcement of Wilbur Ross’s sale of his remaining stake in Bank of Ireland. He specialises in investing in turnarounds, and then he exits. He takes big risks, for which he expects big returns. He has got them from Bank of Ireland, and is now moving on to Greece.
A decent share of the juice has been squeezed from the Irish lemon, and Ross doesn’t mind leaving some behind...
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