Monday October 26, 2020

State hopes for an asset windfall

From Aer Lingus to ESB assets and the National Lottery licence, the government is eyeing up numerous lucrative sales of state assets, writes Richard Curran.

9th December, 2012
Marty Whelan and Geri Maye on the set of Winning Streak: the National Lottery licence could be sold for €400m. Photo: RTE

The government's New Era has been very slow to take off. The body responsible for policy and management co-ordination of state companies slowly breathed into life last week. It emerged that New Era had called for tenders for advisers in relation to future options on the sale of the state's stake in Aer Lingus.

This is a stake that has been de facto for sale for quite some time. But inertia, political sensitivities and the...

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