It resembles a strong, winged lion. Pixiu is an earth and sea variation, particularly an influential and auspicious creature for wealth. It is said to have a voracious appetite towards only gold, silver and jewels. There are two different types of Pixiu, a male and a female. The physical difference is seen by their antlers. Pixiu crave the smell of gold and silver and like to bring their masters money in their mouth.
Goodbody Stockbrokers is sold to Chinese group | Ireland | The Times
Donal O'Donovan Twitter Email. The long-planned sale of Goodbody Stockbrokers to a Chinese consortium has been abandoned, with the firm blaming a late move by the buyer to change the terms of the deal. In an internal memo sent to Goodbody staff and seen by the Irish Independent, Goodbody management led by managing director Roy Barret said the new proposal did not reflect "what we agreed originally" with the buyer. That won't stop speculation that an alternative buyer could now emerge, potentially including Goodbody's former owner AIB. In an official statement to media Goodbody said it and 51pc owner Fexco had jointly taken the decision not to proceed with the proposed acquisition. Last July, following months of negotiations, Goodbody announced the conclusion of the deal to sell itself to a group led by Zhong Ze Culture Investment Holdings. The sale was initially tipped to close at the end of , but was subject to regulatory approval by both the Irish Competition and Consumer Protection Agency and by the Central Bank of Ireland, which had been an extremely slow process, sources said.
The Chinese consortium is led by Zhongze Group, an investment holdings company, supported in the transaction by Pioneer Century, a privately owned Chinese investment company, as well as a subsidiary of the Chinese sovereign wealth fund. The deal is expected to be completed by the end of the year after the consortium made its first approach in January. The stockbroking company is 51 per cent owned by Fexco, a Kerry-based financial services company. Get The International Pack for free for your first 30 days for unlimited Smartphone and Tablet access.
Samantha McCaughren Twitter Email. A consortium led by Bank of China is set to buy Goodbody Stockbrokers after emerging as the preferred bidder from a competitive process, it is understood. The Chinese group has seen off Goodbody rival Davy and Irish Life, ending a three-way race - despite being seen as the least likely winner just weeks ago.