State shareholding in Bank of Ireland down to 15%

The State’s holding in Bank of Ireland has dropped to just more than 15% after €1bn investment by a Canadian investment firm.

State shareholding in Bank of Ireland down to 15%
Mon, 17 Oct, 2011 - 15:45

The State’s holding in Bank of Ireland has dropped to just more than 15% after €1bn investment by a Canadian investment firm.

Fairfax Financial Holding has reduced the Government-managed stake from 36% after buying up 10.51 billion shares at 10 cents each.

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CourtsBusinessBank of IrelandPerson: Michael NoonanPerson: Finance MinisterPerson: NoonanOrganisation: Bank of IrelandOrganisation: Fairfax Financial HoldingOrganisation: National Pension Reserve FundOrganisation: Fairfax Financial HoldingsOrganisation: WL RossOrganisation: Capital ResearchOrganisation: The Capital GroupOrganisation: Fidelity InvestmentsOrganisation: Kennedy Wilson
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