Sovereign Wealth Money Finds its Way into AIB Float

Posted on 06/26/2017

On June 23, 2017, the Irish government raised €3.36 billion by selling roughly 25% of Allied Irish Banks, p.l.c. (AIB) shares. At May 2017, AIB is the largest retail and commercial bank in Ireland with 2.3 million retail and SME customers. AIB was bailed out in 2009, draining a good portion of the capital of […]

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