Stories
Goodbody Stockbrokers was one of the many firms to avail of the wage subsidy scheme for a period. As it negotiates with AIB over a potential buyout, how has the broker been performing?
In mid-August, The Currency revealed that AIB was eyeing up a potential stake in Goodbody Stockbrokers, with the bank particularly focused on acquiring the 51 per cent held by the Kerry-based financial services company Fexco. The approach from AIB came after Bank of China walked away from a deal to buy the entire business after a year of discussions. Today, The Irish Times reported that the state-controlled bank was in exclusive talks to acquire Goodbody and had a period of exclusivity running until the end of this year. The negotiations are again likely to focus on Fexco’s stake. Fexco is a…
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