Friday May 29, 2020

BoI’s last-ditch bid to find new outside investor

Bank of Ireland has refused to give up on the possibility of securing a major outside investor, despite having to push the button on its rights issue with no new outside private sector investment in place.

16th July, 2011

Bank of Ireland has refused to give up on the possibility of securing a major outside investor, despite having to push the button on its rights issue with no new outside private sector investment in place.

The bank is continuing talks with potential new equity investors ahead of its rights issue in a last-ditch bid to avoid majority state ownership, or at least ensure that the state has an option to quickly sell down its...

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