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State's stake in AIB below 50%

Cork

State's stake in AIB below 50%

RedFM News
RedFM News

08:19 28 Jun 2023


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The State's stake in AIB bank is below 50% for the first time since the financial crash.

Finance Minister Michael McGrath has confirmed the sale of a further 5% of the State's shares in the bank.

It'll generate over €480m, bringing the total amount of the investment in AIB to €13bn.


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