Allied Irish flies to €3bn but IPOs lose idyllic tone
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Allied Irish flies to €3bn but IPOs lose idyllic tone


Europe’s IPO market took a couple of knocks this week when one flotation was pulled and another traded sharply down on its debut, partly because investor sentiment has cooled. But there was still enough vigour in the market to ensure a successful conclusion to the €3bn re-privatisation of Allied Irish Banks (AIB), write John Loh and Jon Hay.

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