Lenihan: Nationwide 'willing' to merge with EBS

23/11/2009 - 13:09:00

The Finance Minister Brian Lenihan has said Irish Nationwide Building Society has expressed a willingness to talk to EBS about a possible combination of the two lenders.

Mr Lenihan said the State would expect to have a substantial stake in the combined company.

He said it is now a matter for the two lenders to meet for talks.


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