J.C. Flowers Bidding for Irish Lender

Buyout firm J.C. Flowers is one of five bidders for the insurance arm of lender Irish Life and Permanent, Reuters reported Saturday. The firm is making a joint bid with firm Apollo Global Management for Irish Life insurance. Canada Life Ireland and U.S. insurers Unum and Delphi are also bidding for the firm, Reuters reported. Final bids are due in October.

22 August 2011•1 min read
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