Daily News: February 1, 2012

Wells Fargo Completes Burdale Acquisition


Wells Fargo & Company announced that Wells Fargo Bank has completed its acquisition of Burdale Financial Holdings Limited and the portfolio of Burdale Capital Finance Inc. from Bank of Ireland. The transaction, officially announced on December 19, 2011, closed on February 1.

Headquartered in London, Burdale is a provider of comprehensive asset-based lending and operates in and across the UK marketplace. Burdale is now part of Wells Fargo Capital Finance, and reports to Guy Fuchs, head of the Corporate Finance Group of Wells Fargo Capital Finance.

Previously on abfjournal.com:

Bank of Ireland to Sell Burdale to Wells Fargo, Monday, December 19, 2011