Bank nets €40m from sale of its stake in EuroConex

BANK of Ireland has netted €40 million from the sale of its stake in the payment-processing firm EuroConex Technologies.

Bank nets €40m from sale of its stake in EuroConex
Thu, 29 Apr, 2004 - 01:00
Ian Guider

Bank of Ireland had a 50% stake in the firm and yesterday sold that to its joint venture partner, Nova Information Systems.

It was not disclosed how much profit Bank of Ireland will make from the disposal.

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CourtsPlace: IrelandPlace: IDA Business ParkPlace: ArklowPlace: CherrywoodPlace: south DublinPlace: USPlace: AtlantaPerson: Billy SaundersonPerson: Patrick McDowellPerson: McDowellOrganisation: EuroConex BANKOrganisation: IrelandOrganisation: EuroConex TechnologiesOrganisation: Bank of IrelandOrganisation: NOVA Information SystemsOrganisation: euroConexOrganisation: NovaOrganisation: AIBOrganisation: BZWBKOrganisation: BancorpOrganisation: ICS Building Society
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