Michael Noonan to sign off on sale of state’s AIB stake
Minister for Finance will brief cabinet meeting on Tuesday, ahead of ‘intention to float’ document going to Irish Stock Exchange on Wednesday
Michael Noonan is set to give the go-ahead for the sale of part of the taxpayer’s stake in AIB by the middle of this week, in his last major decision as Minister for Finance.
It is expected that Noonan will update the cabinet on Tuesday, and that a file notice to the Stock Exchange (known as an “intention to float” document) will follow on Wednesday morning.
Financial advisers to the sale will also ...