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The latest announcement is out from AIB Group ( (AIBRF) ).
AIB Group plc has successfully completed the sale of its minority shareholding in AIB Merchant Services to Fiserv, Inc., following regulatory approval and standard closing conditions. This transaction is expected to positively impact AIB’s CET1 capital ratio by approximately 35 basis points, aligning with previous guidance, and reflects AIB’s strategic financial management efforts.
More about AIB Group
AIB Group plc operates in the financial services industry, primarily offering banking and financial solutions. The company focuses on providing a range of services including retail and corporate banking, as well as investment services, with a significant presence in the Irish market.
For a thorough assessment of AIBRF stock, go to TipRanks’ Stock Analysis page.