By Ian Walker
The Irish government plans to sell its remaining shares in AIB Group via a share placing to institutional investors.
The Minister for Finance, Paschal Donohoe, said late Monday that the Irish State plans to sell 44 million shares in AIB, or 2.06% of its issued share capital, via a bookbuild process.
The shares were worth 308.4 million euros ($356.6 million) based on AIB's closing price of 7.01 Euros on Monday.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
June 17, 2025 01:15 ET (05:15 GMT)
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