BAWAG, the Vienna-based bank, is in exclusive negotiations to acquire Finance Ireland, the non-bank lender founded by Billy Kane, in a deal that values the business at an estimated €250 million to €300 million. BAWAG group has a market capitalisation of €10 billion, and it has experience of the Irish market as senior debt providers to commercial property lenders Relm Finance. It is in acquisition mode and could be considering further consolidation opportunities in Ireland. In October, MoCo, its Irish unit, launched a new easy-access saving account adding to its existing mortgage products which are sold through brokers. BAWAG took over…

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