AIB shares slide by nearly 20% after IPO price range set

The sale of shares in the bank could generate a €3.8 billion payday

12th June, 2017

The government could raise up to €3.8 billion from the sale of AIB, according to figures released by the Department of Finance last night.

The government has set a price range of €3.90 to €4.90 on the shares it is planning to sell, giving the 99 per cent taxpayer-owned bank a value of between €10.6 billion and €13.3 billion.

The small rump of shares in the bank which are publicly traded on the Irish Stock Exchange...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Jack Dorsey is leaving Twitter but what comes next?

The Big Interview: Brian Stafford, chief executive of Diligent Corporation

Elaine Byrne: Ethics watchdog is a bystander when it comes to misbehaviour

Editorial: Voters reluctant to fork out for full cost of a united Ireland