Bank of Ireland praises Ross as investor sells up

Bank of Ireland has said it is grateful to US billionaire Wilbur Ross, who is selling his remaining stake in the bank.

Bank of Ireland praises Ross as investor sells up
Tue, 10 Jun, 2014 - 01:00
Ed Carty

The pioneering investment, which kept the lender out of complete State ownership, is being offered for sale after the investor turned a €300m gamble into more than €800m.

Mr Ross is leaving as a director of the bank with the sale of his stake.

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