Northern Rock looks to Middle East for rescuer

The hunt for a buyer to rescue stricken bank Northern Rock could see cash-rich Middle Eastern governments approached as the bid deadline looms, it was reported today.

Northern Rock looks to Middle East for rescuer

The hunt for a buyer to rescue stricken bank Northern Rock could see cash-rich Middle Eastern governments approached as the bid deadline looms, it was reported today.

The British government is understood to have given Goldman Sachs, the investment bank charged with finding financing for a takeover, the all-clear to widen the search to include so-called sovereign wealth funds.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

Ā© Examiner Echo Group Limited