Irish Nationwide Merger

[roker]

It’s a long time since anything was discussed about the Irish Nationwide.
I read in today’s paper that they could be merged with two of the banks. Does that mean that they will be bought out and we will get our windfall?

 

[roland]

It’s a long time since anything was discussed about the Irish Nationwide.
I read in today’s paper that they could be merged with two of the banks. Does that mean that they will be bought out and we will get our windfall?

Windfall? My understanding is that you would be lucky to get anything. I expect any value you might have got has been given to property developers who cannot now afford to pay it back.

 

[Sue Ellen]

It’s a long time since anything was discussed about the Irish Nationwide.
I read in today’s paper that they could be merged with two of the banks. Does that mean that they will be bought out and we will get our windfall?

The eternal optimist

 

[shanegl]

Bought out you say?

How much to you think they're worth these days?

 

[spursman]

they wont be bought out, they will be forced into a shotgun wedding with one of the larger banks with no payout whatsoever

 

[csirl]

How about the shareholders paying someone to take the business off their hands - wouldnt that be fairer?