Donohoe announces sale of additional 5% stake in AIB

27/06/2022 19:49:00

Move will reduce State’s holding in lender to 63.5 per cent

Donohoe announces sale of additional 5% stake in AIB via IrishTimesBiz

Move will reduce State’s holding in lender to 63.5 per cent

Move will reduce State’s holding in lender to 63.earlier this week.Seenh & Heard: pub insurance claims, offshore floating wind farms and pay talks for aviation workers also make the headlines Expand The Long Hall pub in Dublin, whose operator is suing insurer FBD for €1.Paul Reid announces decision to step down as HSE boss with a "heavy heart" 6 Dave Hanratty Reid said it is"the hardest decision he had ever made" during his career.

5% Expand The Government has announced the sale of a further 5 per cent of its shareholding in AIB.It is worth about €300 million.Varadkar, meanwhile, signalled an intention to raise payments in the areas of social welfare, pensions, childcare and beyond.Photograph: Leah Farrell / RollingNews.The report said the Ombudsman was investigating complaints from AIB customers who object to how the bank calculated interest on the redress that they were due.ie By Eoin Burke-Kennedy Mon Jun 27 2022 - 17:41 The Government has announced the sale of a further 5 per cent of its shareholding in AIB, worth approximately €300 million."That's only right.The State’s holding in the bank — built up after the lender was rescued in the wake of the 2008 financial crisis — is being drip-fed on to the market."Having previously worked in the private, not for profit, central and local government sectors, working in the HSE has been by far the greatest period in my career," said Reid.

The shares are to be sold in a placing to institutional investors."We’ve got more people at work than ever before.FBD sued by Long Hall pub One of Dublin’s best-known pubs, the Long Hall on South Great Georges Street, is suing insurer FBD for €1.Minister for Finance Paschal Donohoe said the placing is expected to comprise 133.7 million of AIB’s ordinary shares, representing approximately 5 per cent of the issued ordinary capital of the bank.So, you know, when the Government can protect people’s living standards, it should seek to do so.The sale will reduce the State’s holding in AIB from 68.FBD estimated that it would pay €183 million in business interruption claims after the High Court ruled substantially in favour of four publicans who took a test case.5 per cent to 63.🎧 LISTEN: Stormers are URC champs, debate on Ireland's squad for New Zealand and Cian Prendergast interview.READ MORE "It is with very great regret that I and the Board have heard of Paul’s decision," said HSE Chairman Ciarán Devane.

5 per cent.Details of the placing price and the exact number of shares placed on the market will be announced tomorrow.Alan Jope, boss of Ben & Jerry’s and Knorr owner, Unilever, told the Consumer Goods Forum that the world was “at the foothills of a very substantial global food crisis”.“The minister has also undertaken not to sell further shares in the company for a period of 90 calendar days following the completion of the placing without prior written consent,” the Department of Finance said.Latest Stories.

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