Michael Murray: As AIB returns to the stock market, leadership in technology should not be overlooked by investors

While AIB’s equity raising will not be an IPO, it will be an opportunity for investors to participate in an equity issue in the bank

AIB’s LAB store in Dundrum

The Irish stock market has become a bit boring in recent years: so many delistings, so few opportunities to take advantage of strong recovery plays geared to the domestic economy.

AIB is an example of this. At present, its capital structure doesn’t lend itself to buying its shares. But, following the restructuring and consolidation of its capital base, the bank should have some important selling points for prospective investors. IPOs tend to be ...