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EBS sold on to Cardinal Consortium

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EBS to be acquired by the Cardinal Consortium

namawinelake | September 15, 2010 at 2:06 pm 

One of the five NAMA institutions, the Educational Building Society (EBS) has been acquired by a consortium including the American venture capitalist, the Carlyle Group and Wilbur Ross and an unnamed Irish firm. It would appear that the other bidder, Ireland’s Irish Life and Permanent – a financial institution covered by the State guarantee but not taking part in NAMA, has been unsuccessful in its bid.

source http://namawinelake.wordpress.com/author/namawinelake/

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