EU approves banks' takeover of Arnotts

The EU have given Anglo Irish Bank and Ulster Bank to take over the Dublin retail store, Arnotts.

Mon, 09 Aug, 2010 - 17:26

The EU have given Anglo Irish Bank and Ulster Bank to take over the Dublin retail store, Arnotts.

The iconic department store - on Dublin's Henry Street - is struggling with debts of €300m.

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