AIB shares up on takeover speculation

BANK shares traded higher in Dublin yesterday after speculation in the Financial Times that AIB could be in the sights of Spain’s largest bank, Santander.

AIB shares up on takeover speculation
Tue, 11 Apr, 2006 - 01:00
Brian O'Mahony

Shares in AIB shot up to €19.30 in early morning trading but slipped back to €19.23 by mid-afternoon, up 23 cent on the day.

Bank of Ireland rose 4c to €14.94 on the back of AIB's gains, while Irish Life's price slipped 15c to €19.90.

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CourtsPlace: DublinPlace: SpainPlace: BritainPlace: IrelandPlace: USPlace: PolandPerson: Eamonn HughesPerson: Emilio BotinPerson: David OdlumPerson: Kevin McConnellOrganisation: AIBOrganisation: BankOrganisation: SantanderOrganisation: Bank of IrelandOrganisation: Irish LifeOrganisation: Goodbody StockbrokersOrganisation: AIB GroupOrganisation: Financial TimesOrganisation: Abbey NationalOrganisation: AbbeyOrganisation: Alliance & LeicesterOrganisation: NCBOrganisation: M&TOrganisation: BZ WBKOrganisation: Bloxham Stockbrokers
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