PE firms to be considered by Irish government for EBS sale

Cardinal Asset Management, backed by Carlyle Group and U.S. investor Wilbur Ross, is likely to be selected by the Irish government as one of the final two bidders for state-run building society EBS, according to Reuters. Also in the running are bancassurer Irish Life & Permanent, and private equity groups Doughty Hanson and JC Flowers. The decision will be announced on Friday.

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