Arnotts to come under Anglo control

Iconic Dublin department store Arnotts is set to come under the joint control of Anglo Irish Bank and Ulster Bank.

Wed, 28 Jul, 2010 - 08:56

Iconic Dublin department store Arnotts is set to come under the joint control of Anglo Irish Bank and Ulster Bank.

State-owned Anglo has informed the EU Commission of the move, as the shop struggles to pay debts reported to be as high as €260m.

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