BoI talks on British loan book sale
Kennedy Wilson is one of the five investors (the others being WL Ross, Fairfax Financial Holdings, Fidelity Investments and The Capital Group) whose combined €1.12bn investment in Bank of Ireland was approved by shareholders earlier this month, thus reducing the state’s ownership of the bank to a 15.1% stake.
Weekend reports have also suggested that AIB’s shortlist of new chief executive candidates is down to just two — with former ING executive, David Duffy and HSBC man Brendan McDonagh in the frame.
