Donohoe announces plan to reduce State-owned stake in AIB | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Donohoe announces plan to reduce State-owned stake in AIB, reports ConalThomas.

The trading plan will become operational in mid-January and will end no later than six months afterwards. Picture: RollingNews.ie

The state plans to sell part of its 71.1 per cent stake in AIB over the next six months, Minister for Finance Paschal Donohoe said today. Bank of America’s Merrill Lynch International unit [BofA Securities] has been hired to carry out “a measured and orderly sell down of shares” in AIB over a six-month period, starting from the middle of January.Subscribe from just €1 for the first month!

 

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 MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

State settlement with mother and baby home survivors could have ‘dramatic consequences’ | Business PostThe state’s admission that former residents should have got a copy of the Commission of Investigation report may change how things are run in future, SanzScript reports.
Source: businessposthq - 🏆 8. / 71 Read more »