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Jun 6 2025, 08:09 IST/BST
AIB Group
Joint venture disposal
DAVY VIEW
AIB has disposed of its share in its merchant card acquiring joint venture (JV). The disposal streamlines AIB’s offering, with merchant card acquiring services increasingly a scale operation. Disposal proceeds will further increase AIB’s surplus capital to pursue growth, return capital to shareholders and repurchase the warrants as indicated by AIB at FY 2024 results.
