Sale of BOI subsidiary completed

Bank of Ireland today announced the completion of the sale of Bank of Ireland Asset Management (BIAM).

Sale of BOI subsidiary completed
Mon, 10 Jan, 2011 - 14:17

Bank of Ireland today announced the completion of the sale of Bank of Ireland Asset Management (BIAM).

The sale of the bank's subsidiary to State Street Global Advisors (“SSgA”) for a cash consideration of €57m was announced in October, subject to certain conditions.

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