Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Ms Maeve Donovan:

I am very glad to have the opportunity to answer that question because there has been a lot of speculation about the price and a lot of inaccurate coverage. We paid €40 million, and the price reflected what we needed to pay to secure the business at that time.

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