So here’s the story: back in 2012, around the time that the Irish Taxpayer (you and me) bought AIB for €28 BILLION, the bank was forced to sell Goodbodys for €25 Million because it wasn’t a core business.
Fast forward to now; when Goodbodys has been “for sale” for over five years and has received no takers, (because nobody wants it), and AIB has now emerged as the “exclusive bidder,” to buy it for a multiple of what it sold it for.
Now I’m a simple man, but as a taxpayer and I suppose a shareholder, seeing as the state owns AIB, I think this is madness.
If you feel the same way, please email your TD and tell him or her so.
https://www.google.ie/amp/s/www.ir...back-goodbody-stockbrokers-1.4414068?mode=amp
Fast forward to now; when Goodbodys has been “for sale” for over five years and has received no takers, (because nobody wants it), and AIB has now emerged as the “exclusive bidder,” to buy it for a multiple of what it sold it for.
Now I’m a simple man, but as a taxpayer and I suppose a shareholder, seeing as the state owns AIB, I think this is madness.
If you feel the same way, please email your TD and tell him or her so.
https://www.google.ie/amp/s/www.ir...back-goodbody-stockbrokers-1.4414068?mode=amp