State will recoup all of AIB bail-out cash - Donohoe
Share price rises by 7 per cent amid reported strong demand
Finance minister Paschal Donohoe has said the state will recover all of the cash it pumped into AIB, as the bank's shares jumped today in trading afterthe government sold down part of its stake in the lender.
The state offloaded 25 per cent to Irish and international investors in one of the biggest initial public offerings of any company's stock in years. The so-called over-allotment was also excised, bringing to 28.75 per cent ...