Goodbody hired to assess "comical" AIB value

The National Pension Reserve Fund hired Goodbody Stockbrokers to establish that investors are applying an “inappropriate” €66 billion value on state-owned Allied Irish Banks.

14th February, 2012
Goodbody hired to assess "comical" AIB value
AIB is Europe’s fourth-largest bank by market value.

The National Pension Reserve Fund hired Goodbody Stockbrokers to establish that investors are applying an “inappropriate” €66 billion value on state-owned Allied Irish Banks.

The NPRF, which covered three-quarters of the State’s €20.7 billion bailout of Allied Irish in the past three years, put a preliminary 1 cent value on the stock at the end of December, said an NPRF spokesman. The shares are currently trade at 12.9 cents, having soared 85

per cent...

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