Fexco assets rise to €350m ahead of Goodbody sale

Financial services giant set to get €150m from sale of second largest stockbroking firm in Ireland

Fexco, the Kerry financial services giant, saw its assets hit almost €350 million at the end of last year, and is set to scoop another windfall in the coming weeks with the sale of its stake in Goodbody stockbrokers.

A partial balance sheet for the Killorglin-based company shows that its cash and cash-like equivalents amounted to €181 million at the end of 2017. The comparable figure in the 12 months prior to that ...