Peter O’Dwyer: Why BoI sell-off was the template for state reducing its AIB stake | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

.peterodwyer1: Why BoI sell-off was the template for state reducing its AIB stake

Paschal Donohoe, Minister for Finance, decided to sell off part of the state’s 71 per cent stake in AIB: ‘I am now announcing the restart of our phased exit from the state’s larger investment in AIB,’ he said. Picture: Rollingnews

Paschal Donohoe was adamant that we could and should read nothing into the progress the state was making in selling down its stake in Bank of Ireland, as it related to the taxpayer’s holdings in the other part-state-owned banks. In truth, few believed him. And on Monday morning, the unsurprising news that the Minister for Finance had decided to sell off part of the state’s 71 per cent stake in AIB emerged from...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines