State wants 25% of BoI to remain private

The government is aiming to keep at least 25 per cent of Bank of Ireland shares in private hands following its recapitalisation this year, according to senior sources briefed on the matter.

28th May, 2011
3
{ }

The government is aiming to keep at least 25 per cent of Bank of Ireland shares in private hands following its recapitalisation this year, according to senior sources briefed on the matter.

The Department of Finance is developing a plan to raise the €5.2 billion the bank needs that will most likely give the state a majority stake, but leave at least a quarter of the institution to existing shareholders, current bondholders and any strategic investors...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago