State to sell further 5 per cent of its AIB shareholding
Overall size of the state’s shareholding will be reduced from 68.5 per cent to 63.5 per cent
The State is to sell a further 5 per cent of its shareholding in AIB, Minster for Finance Paschal Donohoe has announced.
The disposal of these shares will be by way of a placing to institutional investors (the placing). As a result of the placing, the overall size of the State’s shareholding in AIB will be reduced from approximately 68.5 per cent to approximately 63.5 per cent.
The price at which the shares are sold ...