JPMorgan Chase and Wells Fargo have reportedly made final bids to purchase $4.52 billion of performing loans from Anglo Irish Bank Corp.’s $9.65 billion portfolio of U.S. commercial real estate, according to a Bloomberg report.

Private equity group Blackstone Group as well as distressed debt and equity investor Lone Star Funds have also submitted bids for at least $5.13 billion of sub-performing and nonperforming debt from the said portfolio.

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