AIB sells Polish fund management business

AIB has signed an agreement to sell its Polish property fund management subsidiary for an undisclosed amount.

2nd April, 2012

AIB has signed an agreement to sell its Polish property fund management subsidiary for an undisclosed amount.

The agreement sees Polish property fund management subsidiary, AIB PPM and AIB Holdings Limited, a Guernsey subsidiary, to Peakside Capital.

Agreements have also been signed to dispose of AIB's 9.87 per cent interest in Polonia

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