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

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


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...

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