Sponsored by
RUMOUR OF THE DAY: Apax eyes bank investment in Eire
PRIVATE equity firm Apax Partners is looking at a possible investment in Bank of Ireland, a source claimed, adding its interest is at a "very, very early stage".
Apax was unlikely to invest alongside other private equity firms, but it was too early to say what its potential investment could look like, the source added.
Apax is understood to be "trying to work out if there is a deal to be done". Speculation has grown in recent weeks about potential investment in the Irish banking sector. Apax Partners and Bank of Ireland both declined to comment.
• Wednesday's rumour of the day about Anglo Irish Bank used the abbreviation AIB in the headline. Allied Irish Bank, which commonly goes by the initials AIB, has requested we clarify that the story was not connected to it.
Email to a friend
Print this page- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers takeover: Duff & Phelps threaten legal action against BBC
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Friday 25 May 2012
Today
Sunny
Temperature: 10 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 9 C to 20 C
Wind Speed: 15 mph
Wind direction: North east
