Ireland sells final stake in AIB Group to return banking sector to private ownership.
From Yahoo Finance: 2025-06-17 08:07:00
The Irish government is selling its final 2% stake in AIB Group to return the banking sector to private ownership. This comes after injecting €64bn into banks post-2000s property crash, with AIB receiving €21bn. The government plans to sell its 57% stake in Permanent TSB next. Dublin has already surpassed break-even point on its €29.4bn investment in three banks. The government lifted a pay cap for Bank of Ireland after selling its shares, but it remains for AIB and Permanent TSB.
Read more at Yahoo Finance: Ireland launches sale of final stake in AIB Group