EU approves banks' takeover of Arnotts

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

EU approves banks' takeover of 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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