|Allied Irish Bank may buy Rodovid Bank for $450 mln: newspaper|
Journal Staff Report
Ireland's Allied Irish Bank close to buying majority stake in Rodovid Bank, Ukraine’s No. 18 bank by assets, Economicheskie Izvestia newspaper reported. "The majority shareholders in Rodovid are close to signing a preliminary agreement for the sale of their stake. The purchase could come to around $450 million. The value of the bank has been put at $600 million," the newspaper said.