Irish Life sale will include additional €40m state dividend - Noonan
Minister Michael Noonan said that the €1.3bn Irish Life sale will include an additional €40m dividend for the State and that €10bn has been invested in State entities in the last 6 months.
Finance minister Michael Noonan has said that the €1.3 billion sale of Irish Life will include an additional dividend of €40 million being paid to the State prior to completion.
Noonan said that the deal was the first time during the financial crisis that a company in which the government has invested has been returned fully to private ownership.
“This is a historic transaction and provides the Irish taxpayer with a full return on its...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team