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...Junk bond billionaire Ira Rennert’s 100,000-square foot Sagaponack compound shocked “even the Hamptons” when it was constructed for $110m in 1998....
...After the three units ran into large losses, Severstal sold them to Renco, a private company owned by Ira Rennert, a US entrepreneur who has made a speciality of investing in metals operations....
...US investor Ira Rennert’s Renco also expressed preliminary interest in buying Saab last year, along with a group of US investors from the state of Wyoming, led by Merbanco, the merchant bank....
...US financial investor Ira Rennert’s Renco Group earlier this year expressed tentative interest, as did a group of Wyoming-based investors....
...Renco, controlled by investor Ira Rennert, is best known for buying and turning round AM General, the maker of Humvee military vehicles....
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