You are here

Allied Irish Banks is valued at a healthy US$13.3b in IPO

Monday, June 26, 2017 - 05:50

BT_20170626_CPALLIED26OFJ6_2951475.jpg
AIB is the latest bailed-out lender in Europe to return to the public markets as its fortunes have improved.

London

NEARLY seven years after its collapse almost brought down Ireland's banking system and forced the government to bail it out, one of the country's biggest lenders returned to the public markets on Friday with a healthy valuation of US$13.3 billion.

The offering of a 25 per

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom