Bank of China to acquire Goodbody Stockbrokers for $170m.

Bank of China, the state-controlled Bank of China is set to acquire Goodbody Stockbrokers, a stock brokerage firm for $170m. The Competition and Consumer Protection Commission said in a post on its website that it was notified on Wednesday of the plan, which needs competition and regulatory approval. Bank of China is planning to carry out the deal through its UK unit.