Monday, March 12, 2012

MBNA may have a buyer

New York based private equity firm Apollo Global Management may be close to buying the MBNA credit card operation in Carrick-on-Shannon. The Sunday Business Post reported that the company is about to buy the Irish Credit Card business of a US bank in a clearly identified statement, though not naming Bank of America. Apollo bought the Spanish business of Bank of America last August and may now be about to buy its Irish business in Carrick..