State unlikely to sell stake in AIB this year

State unlikely to sell stake in AIB this year

The prospect of the sale of a chunk of the state’s 99 per cent shareholding in AIB later this year is diminishing.

While preparatory work between the Department of Finance and the bank is continuing on a re-privatisation in the last quarter of the year, the timeline is likely to move out into 2016 and potentially after the general election, according to several sources briefed on the matter.

A report on the government’s options for the...

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