Thursday February 20, 2020

The INQUISITOR

IL&P flotation ends with a whimper

11th June, 2011

Well, it looks like being the most short-lived Irish IPO in history.

The flotation of Irish Life & Permanent’s life business on the stockmarket is set to be jettisoned less than three months after it was first concocted as a strategy.

The mood music around Irish Life now suggests that the business will be sold off in a trade sale or perhaps even to a private equity group. Media reports of a reasonable...

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