According to a report, AA Ireland was purchased in late 2020 by Erbium, reportedly a u.s equity and holding firm lead by french president Nicolas Sarkozy’s brother. According to the report, Mr Sarkozy was already involved in the Dublin business community being part of the Mallabraca group of private equity that examined taking a stake in Bank of Ireland.
Reportedly, boi operates under uk treasury sevices. According to a report, the aib’s parent group is AIB group, shares are traded on the Dublin and London stock exchange.