 "Irish Independent (Dublin, Republic of Ireland)")
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IL&P get cold feet on Dolmen buyout amid credit crunch.
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IL&P get cold feet on Dolmen buyout amid credit crunch
Bank wary of investors' reaction to scale of purchase
Irish Life & Permanent (IL&P) has shelved plans to add a stockbroking arm to its business by buying Dolmen Stockbrokers. It is understood IL&P took the view that a sizeable acquisition at a time when all banks are having difficulty getting capital in the markets would not play well with the investor community.
According to one source IL&P had already carried out due diligence and had not found anything to worry it. It is understood Dolmen, ...
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Bombay Co. to Expand with Larger Store Format
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Bombay asks: When will the rain stop? Record rainfall - up to 37 inches in one day - has flooded the Indian city, leaving more than 900 dead.(WORLD)
Newspaper article from: The Christian Science Monitor
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