ILP shareholders reject plan for €3.8bn Govt recapitalisation

Government plans to pump €3.8bn into Irish Life and Permanent have been rejected by shareholders.

ILP shareholders reject plan for €3.8bn Govt recapitalisation
Wed, 20 Jul, 2011 - 13:06

Government plans to pump €3.8bn into Irish Life and Permanent have been rejected by shareholders.

At an emergency general meeting in Dublin this afternoon, shareholders were asked to approve the cash injection, after the European Commission earlier approved it.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

Benefit image

Limited offer valid for new and returning customers. Annual billed once for first year. Monthly (discount first 3 months) billed monthly, then €12/month. Ts&Cs apply.

WhatsApp logo

Irish Examiner’s WhatsApp channel

More in this section

Garda sign lamp Witness appeal after boy hospitalised following assault in Co Kildare
CAO Round Two offers over 1,200 students college places for first time CAO Round Two offers over 1,200 students college places for first time
An Post marks Rory McIlroy's Irish Open win with dedicated postmark  An Post marks Rory McIlroy's Irish Open win with dedicated postmark 
CourtsBanksPlace: DublinPerson: ChairmanPerson: Alan CookOrganisation: ILPOrganisation: Irish LifeOrganisation: GovernmentOrganisation: PermanentOrganisation: European Commission
<p>No other injuries were reported from the collision. File picture: Denis Minihane</p>

Witnesses sought after motorcyclist, 60s, dies in Kildare collision

READ NOW

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Latest

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited