Oireachtas Joint and Select Committees
Thursday, 26 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Ms Maeve Donovan:
Of course. Let me deal with the price. We were, as I said to the Chairman, professionally advised. There were other bidders, so it was a competitive bidding process. Indeed, we did make an earlier bid that was turned down. However, the view that we took was that we were buying a very profitable business with very significant revenue streams that were not being affected by transition. We were taking a very long view. myhome.ieis a critical part of The Irish Timestoday. It will be in ten years and it will be in 20 years.
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