AIB to sell Govett contracts for €20m

Allied Irish Bank is to sell the management contracts of Govett, its British asset management business, to Gartmore Investment Management for approximately €20m.

AIB to sell Govett contracts for €20m
Tue, 04 Nov, 2003 - 15:11

Allied Irish Bank is to sell the management contracts of Govett, its British asset management business, to Gartmore Investment Management for approximately €20m.

Govett is to close down its operations in Singapore as part of the transaction.

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CourtsHeathrowPlace: SingaporePlace: Far EastPlace: UKPlace: IrelandPerson: Colm DohertyPerson: Managing DirectorPerson: DohertyOrganisation: AIBOrganisation: GovettOrganisation: Allied Irish bankOrganisation: Gartmore Investment ManagementOrganisation: AIB Investment ManagersOrganisation: AIBIMOrganisation: AIB Capital MarketsOrganisation: AIB Group
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