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Billionaire Interested in Buying Spanish Bank Assets

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Wilbur Ross, the billionaire who’s taken stakes in distressed U.S. and European lenders, said he’s interested in Spanish banking assets as the country takes steps to resolve bad loans stemming from its real-estate bubble. Ross’s WL Ross & Co., which holds about 10 percent of Bank of Ireland Plc. and…

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Click here to read the full story: Bloomberg BusinessWeek

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