Announced
Completed
Financials
Tags
Majority
Friendly
Acquisition
Domestic
Private
Diversified Financials
stockbroking
Ireland
Single Bidder
Completed
Synopsis
AIB Group, a financial services group operating predominantly in the Republic of Ireland and the UK, completed the acquisition of Goodbody, an Irish provider of wealth management, corporate finance and capital markets services, for €82m ($99m). "With AIB, Goodbody is aligning with the market leader and could not be better positioned to compete in the financial services sector over time. This is now the beginning of an exciting new phase of the company's development as this partnership has the potential to offer our business, our clients and our staff many opportunities for growth as we start the next chapter of Goodbody's history," Roy Barrett, Goodbody Managing Director.
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