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AIB in the spotlight as Ireland plans biggest London IPO of 2017

Allied Irish Banks plc to sell 25% stake in share offering in London and Dublin
Thursday, June 1, 2017 - 05:50

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CEO of AIB Bernard Byrne at the bank's AGM last month. AIB released 2016 results, including a pre-tax profit of 1.7 billion euros.

Dublin

THE Irish government fired the starting gun for the initial public offering (IPO) of Allied Irish Banks plc (AIB), laying out a plan to sell 25 per cent of the nationalised lender.

The government plans to sell the AIB stake in a share offering in London and Dublin, with

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