Go to deals
Financial Services | Other Industries

Bank of Ireland Asset Management has been acquired by State Street Global Advisors

The Bank of Ireland Group announced the sale of Bank of Ireland Asset Management (BIAM) to State Street Global Advisors (SSgA) for a cash consideration of circa US$78 million subject to certain conditions. All conditions were satisfied and the sale was completed on 10 January 2011, including the transfer of key personnel.

The sale generated equity tier 1 capital of US$55m million for Bank of Ireland Group. The sale represents a significant milestone for the group in relation to the execution of its EU restructuring plan.

Oaklins' team in Ireland advised Bank of Ireland Group in relation to this transaction.

Service
M&A sell-side
Parties

Talk to the deal team

 Ted  Webb

Ted Webb

Managing Director

Dublin, Ireland
OaklinsĀ IBI

Related deals

Resuelve tu Deuda has received a capital investment from DILA Capital and Alloy Merchant Finance
Financial Services

Resuelve tu Deuda has received a capital investment from DILA Capital and Alloy Merchant Finance

Resuelve tu Deuda (RTD) has received a capital investment from DILA Capital and Alloy Merchant Finance.

Learn more
Iconium has raised equity capital from private investors
Financial Services | TMT

Iconium has raised equity capital from private investors

Iconium has raised equity capital from private investors.

Learn more
Lotus Investment Group has been acquired by Meitav Dash
Financial Services

Lotus Investment Group has been acquired by Meitav Dash

Lotus Investments IG has sold Lotus Investment Group to Meitav Dash Investment Ltd.

Learn more