DUBLIN (Reuters) -The Irish government said on Tuesday that it had sold its remaining shares in AIB Group, one of the country's two dominant lenders it effectively nationalised 15 years ago as part of
Ireland Completes Sale of Final AIB Shares After 15-Year Recovery
DUBLIN (Reuters) -The Irish government said on Tuesday that it had sold its remaining shares in AIB Group, one of the country's two dominant lenders it effectively nationalised 15 years ago as part of the euro zone's biggest state rescue.
The state sold a 2.06% stake in AIB at 6.94 euros per share, which will generate 305 million euros ($352.6 million) upon settlement, the finance ministry said in a statement. That will take to 19.8 billion euros the total amount returned to the state to date from its investment in AIB, it added.
($1 = 0.8650 euros)
(Writing by Conor Humphries; editing by Barbara Lewis)
