Government approves financial merger

The Tanaiste, Ms Harney, has given the Irish Life & Permanent merger the go ahead

The Tanaiste, Ms Harney, has given the Irish Life & Permanent merger the go ahead. The Department of Enterprise, Trade and Employment yesterday approved the proposed merger in the context of the Mergers and Take-overs (Control) Acts. The merger has already been approved by a majority of Irish Life shareholders while Irish Permanent shareholders will be asked to approve it at an extraordinary general meeting tomorrow.

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