Flowers names Ireland as target investment country

Head of US buyout firm names Ireland and Spain as his preferrred countries for investment

The head of US buyout firm JC Flowers, which invests in distressed financial institutions, has said Spain and Ireland are his preferred countries for investment in Europe.

Christopher Flowers, the former Goldman Sachs executive, is interested in investing in firms with about €50 billion of assets, he said in an interview with Manus Cranny on Bloomberg Television.

“The most interesting for us is maybe Spain followed by Ireland,” he said. Spain has a “lot going on there and part of the European Union and that’s appealing as an investor.”

Mr Flowers moved to London from the US last year to examine investment opportunities in Europe.

He previously mooted the idea of buying a stake in Bank of Ireland or Allied Irish Banks if the Government guaranteed on potential further losses.

His private-equity firm is a bidder for the branches of Royal Bank of Scotland Group , and agreed to buy insurance broker Fidea NV from KBC Groep NV for €243.6 million in 2011.

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3 Responses to Flowers names Ireland as target investment country

  1. Peter-Andrew: Nolan(c) April 21, 2013 at 5:27 pm

    Strange someone would suggest Ireland is a good place to invest when even your Minister for Justice Alan Shatter openly states that judges have the RIGHT to commit crimes in their court rooms.

    Also…since I tried to start my business in Ireland and I was not only criminally victimised by your courts and women…..pretty much ALL IRISH MEN agreed with and condoned my criminal victimisation. So I moved to Germany. They know what Nazis look like in Germany and they will not allow them to come back.

    Ireland is only in the state it is in because men TOLERATE women committing crimes against them. As soon as you spineless men do NOT TOLERATE women committing crimes against you using the nazis in the legal fraternity you will start rebuilding your economy.

  2. Diane Denizen April 21, 2013 at 8:56 pm

    OH God the Nolan is back! More lies, more hate aimed at women, more psychopathy!
    Peter, no one with any sense is listening to you, grow up, get a life and stop with the hate!

  3. The Universe is Mental April 27, 2013 at 2:31 pm

    Nolan you misogynist twerp. How does it feel to live in Germany where a woman leads the country? Must be killing you. The people of Ireland are not stupid enough to take on board one word you have to say. Smeg off you insignificant flea.

    Nice article Louis.


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