Yearly Archives: 2017

Reuters reports:

Ireland raised 3 billion euros ($3.4 billion) by selling a quarter of Allied Irish Banks (ALBK.I) (AIB) on Friday in a remarkable turnaround for a company at the forefront of reckless lending during the “Celtic Tiger” boom.

…The initial public offering (IPO) of 25 percent of AIB’s shares at 4.40 euros each was the third largest European bank listing since the financial crisis and the biggest IPO of any kind in London by market capitalization in almost six years.

…In the biggest test yet of investor appetite for the Irish banking sector since the crisis, the AIB shares on offer were four times oversubscribed and sold at the midpoint of an initial 3.90 euro to 4.90 euro range set last week.

The sale price valued the bank at 11.9 billion euros, meaning investors only received a 3 percent discount to the bank’s book value of 12.3 billion euros at the end of 2016 – or 0.97 times tangible book value.

Ireland raises three billion euros from ‘milestone’ AIB sale (Reuters)

Hold your hour.

Broadsheet on the Telly begins its Summer season tonight streaming LIVE above and on our YouTube channel at the earlier, stretchier time of 10.45pm.

As darkness slowly creeps in, pull up a chair, spark up a fattie and join our panel as they shed daylight on the stories and themes of the week.

Tonight’s panel will include the return of controversial, Dundalk-based German Marcel Krueger who will explain his recent blitzkrieg on the Taste of Dublin festival.

Fight! All welcome.

Yesterday: Broadsheet Summer Time

Ouch.

‘sup?

DSPCA writes:

We are appealing for a special home for Stevie, our adorable, blind hedgehog. He would love to live in a safe, walled garden. His adopter would need to provide food, water and a suitable nesting area.

If you are interested in adopting this lovely boy please pop into the shelter ( Mt Venus Rd, Newtown, Rathfarnham, Co. Dublin). We are open seven days a week from 11 to 4.30.

Anyone?

DSPCA (Facebook)