herald

Tuesday 21 August 2018

Goodbody €24m sale

ALLIED Irish Bank's stockbroking unit, Goodbody Holdings Ltd, is expected to complete its €24m sale in the coming weeks.

The Central Bank has approved the transaction.

Up to 55 of 270 jobs are expected to be lost at the Goodbody company. Most of these will be through voluntary redundancy, when the Killorglin, Co Kerry-based Fexco officially takes control of the business.

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