Sale of AIB due in coming weeks

AIB's IPO is expected to happen in the coming weeks ahead of the selection of Fine Gael's new leader on June 2, which will mark the end of Michael Noonan's spell as Minister for Finance.

The Dáil passed a private motion to delay the privatisation yesterday as many TDs from the Government failed to vote.

The Labour proposal called for the sale to be stalled until the EU's fiscal rules have been renegotiated.

AIB's sale can go ahead as planned despite yesterday's vote.

Both The Irish Times and Irish Independent report this morning that sources have told them that the sale is imminent.


More in this Section

Dublin Airport runway challenges thrown out

Cork company celebrates 20th anniversary by donating day’s proceeds to Simon

Aer Lingus Regional raises passenger numbers on Donegal and Kerry routes

Research finds more Irish workers want to work remotely


Today's Stories

Ireland needs more aircraft repair firms, not just lessors

Cork bread company donates celebratory taking to Simon Community

Ireland must forge even closer links with eurozone

Is this the end for zero-hour contracts?

Lifestyle

Toy story: 10 toys guaranteed to bring out the kid in all of us

GameTech: Star Wars Battlefront II: Chance to win Loot Skywalker

Military top brass: Meet the conductor of the army’s Southern Brigade band

Album review: Experience counts on U2’s return to form

More From The Irish Examiner