British election delays AIB float
• State to wait until mid to late June to let ‘dust settle’ after polls • Upbeat stockmarkets mean pricing unlikely to be affected
AIB’s planned return to the stock market is set to be delayed slightly because of the surprise decision by the British prime minister to call a general election.
Senior market sources have said the indicative timetable to sell a 25 per cent stake in the bank in late May or early June is now seen as unlikely, with the government likely to “wait until the dust settles after the election”, according to a ...
