Fexco, the Kerry-based financial services firm, is preparing to pay as little as €20 million to acquire Goodbody Stockbrokers.
Informed sources said that takeover talks between Fexco and AIB, Good body’s parent, had reached a ‘‘very advanced stage’’ and a deal was likely to be completed within two weeks. Fexco is expected to pay €20 million to €30 million for Goodbody, although a disposal would also free about €30 million in capital that AIB must...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team