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Ireland reduces stake in AIB Group
Ireland to cut AIB stake to 12.5% in latest share sale
Ireland plans to cut its shareholding in AIB Group to around 12.5% from 17.5% through a placement to institutional investors, the government said on Monday.
Ireland Looks to Pare AIB Group Stake Further With 5% Sale
The Irish government is offering a roughly 5% stake in AIB Group Plc, the latest step toward the privatization of the lender.
Irish government reduces stake in AIB Group to 12.5%
DUBLIN - The Irish government has sold a 5% stake in AIB Group (OTC:AIBRF) PLC, further reducing its shareholding in the bank to approximately 12.5%, as announced by the Irish Department of Finance. This divestment is part of the ongoing efforts to return the bank to private ownership following the state's intervention during the financial crisis.
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