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.


Email Updates

Receive our lunchtime briefing straight to your inbox

More in this Section

Global insurance firm XL group makes Dublin its post Brexit home

US current account deficit soars to levels not seen since 2008

British watchdog clears KPMG of any wrongdoing in HBOS audit

Toys'R'Us files for bankruptcy protection in US and Canada


Today's Stories

Florida storm crops miss out

Staff shortages and Brexit threaten hotels boom

Expert: ‘Hybrid before electric’

PJ Carroll profits hit by black market

Lifestyle

A question of taste: Joe O’Leary

When art and nature collide

Writing between the lines: Ron Hutchinson's new RTÉ series is one of his easier roles

The myths and facts of ... dementia

More From The Irish Examiner