Smart_Saver
Registered User
- Messages
- 143
All of the talk in the recent days of the proposed sale of the family jewels in the form of ESB, Coillte etc. is slightly bewildering. I presume the reason given to sell these assets is that capital is required to balance books etc. However I can't understand why NAMA at this stage cannot do more to help this situation.
For instance why can't they offload some of the foreign properties or holdings they have on their books in order to bring in some required capital ?
After all they bought them at a massively reduced price so surely they could/should be able to realise some value off these now ?
For instance why can't they offload some of the foreign properties or holdings they have on their books in order to bring in some required capital ?
After all they bought them at a massively reduced price so surely they could/should be able to realise some value off these now ?