{"id":28649,"date":"2023-06-28T10:21:39","date_gmt":"2023-06-28T14:21:39","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/irish-ministry-of-finance-to-dispose-5-stake-in-aib\/"},"modified":"2023-06-28T10:21:40","modified_gmt":"2023-06-28T14:21:40","slug":"irish-ministry-of-finance-to-dispose-5-stake-in-aib","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=28649","title":{"rendered":"Irish Ministry of Finance to Dispose 5% Stake in AIB"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230627-706288\" role=\"document\">\n<p>By Michael Susin<\/p>\n<pre><\/pre>\n<p>Ireland&#8217;s Minister for Finance Michael McGrath outlined on late the intention to dispose around 5.0% of the Irish State&#8217;s shareholding in AIB Group.<\/p>\n<p>The disposal will be undertaken through the placing of 132 million shares of the Irish bank, with the price yet to be determined, via an accelerated bookbuilding process which has been launched immediately.<\/p>\n<div class=\"paywall\">\n<p>Following the placing, the stake of the Irish State&#8217;s in AIB will be reduced to around 46.9% from around 51.9%.<\/p>\n<pre><\/pre>\n<p>Write to Michael Susin at michael.susin@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/irish-ministry-of-finance-to-dispose-5-stake-in-aib-3e9eaad8?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Michael Susin Ireland&#8217;s Minister for Finance Michael McGrath outlined on late the intention to dispose around 5.0% of the Irish State&#8217;s shareholding in AIB Group. The disposal will be undertaken through the placing of 132 million shares of the Irish bank, with the price yet to be determined, via an accelerated bookbuilding process which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-28649","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Irish Ministry of Finance to Dispose 5% Stake in AIB | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Michael Susin Ireland&#039;s Minister for Finance Michael McGrath outlined on late the intention to dispose around 5.0% of the Irish State&#039;s shareholding in\" \/>\n<meta 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