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ALEX BRUMMER: Allied Irish Banks shows the way as it returns to the public market after £18.1bn taxpayer bailout - This is Money;

ALEX BRUMMER: Allied Irish Banks shows the way as it returns to the public market after £18.1bn taxpayer bailout - This is Money

This is MoneyALEX BRUMMER: Allied Irish Banks shows the way as it returns to the public market after £18.1bn taxpayer bailoutThis is MoneySizeable City floats have been a rare event in recent times so the return of Allied Irish Banks (AIB) to the public markets is something to be hailed. It shows that, despite all the hype about banks fleeing London post-Brexit, this eurozone bank is ...and more »

Allied Irish Bank's float the surest sign yet economy is in rude health - Telegraph.co.uk;

Allied Irish Bank's float the surest sign yet economy is in rude health - Telegraph.co.uk

Telegraph.co.ukAllied Irish Bank's float the surest sign yet economy is in rude healthTelegraph.co.ukAt times it must have required the patience of a saint but after eight, long years of penance, the time for atonement may be nearing. Ireland's finance minister Michael Noonan has announced plans to float Allied Irish Bank on the stock market in the ...and more »

Michael Noonan: Money made from AIB sale must be used to pay off national debt - BreakingNews.ie;

Michael Noonan: Money made from AIB sale must be used to pay off national debt - BreakingNews.ie

BreakingNews.ieMichael Noonan: Money made from AIB sale must be used to pay off national debtBreakingNews.ieThe Finance Minister Michael Noonan has said Ireland is handcuffed into paying off the national debt with the revenue from the sale of AIB by a referendum five years ago. He also said selling off our shares in AIB will make it easier to encourage more ...and more »

AIB sale a 'significant milestone' for banking sector, Noonan says - Irish Times;

AIB sale a 'significant milestone' for banking sector, Noonan says - Irish Times

Irish TimesAIB sale a 'significant milestone' for banking sector, Noonan saysIrish TimesThe State's move to initiate the sale of a 25 per cent stake in AIB to market investors is a “a significant milestone'' for the Irish banking sector, Minister for Finance Michael Noonan has said. Mr Noonan told the Seanad much work had been conducted ...and more »

Balancing Politics and Pragmatism in Irish Bank IPO - New York Times;

Balancing Politics and Pragmatism in Irish Bank IPO - New York Times

New York TimesBalancing Politics and Pragmatism in Irish Bank IPONew York TimesThe chairman of Allied Irish Banks, Richard Pym, speaking at the bank's annual meeting in April. The Irish government plans to sell a 25 percent stake in the nationalized bank. Credit Clodagh Kilcoyne/Reuters. Allied Irish Banks' initial public ...and more »

Business Podcast: AIB's share sale explained - Irish Times;

Business Podcast: AIB's share sale explained - Irish Times

Irish TimesBusiness Podcast: AIB's share sale explainedIrish TimesWith an expected price tag of €3 billion, the AIB flotation green-lighted by the Finance Minister Michael Noonan on Tuesday, will be one of the biggest in Europe in recent years. Does that mean the government will have extra money to spend on much ...and more »

Allied Irish IPO comes at last, as bank stocks thrive - GlobalCapital

Allied Irish IPO comes at last, as bank stocks thriveGlobalCapitalThe long-awaited re-privatisation of Allied Irish Banks has begun at last, after the Irish government decided to press ahead with the IPO, which could raise about €3bn, in a sign of confidence in Ireland's economic recovery and the European IPO market.and more »

Can small investors bank on a return from the AIB share sale? - Irish Times;

Can small investors bank on a return from the AIB share sale? - Irish Times

Irish TimesCan small investors bank on a return from the AIB share sale?Irish TimesThe near €3 billion AIB share sale is set to be the biggest in Europe this year and the largest stock market flotation of a State asset since Eircom in 1999. Small investors with minimum €10,000 to invest will be able to buy shares but only if they're ...and more »

AIB could take a decade to fully reprivatise, Irish finance minister warns - Telegraph.co.uk;

AIB could take a decade to fully reprivatise, Irish finance minister warns - Telegraph.co.uk

Telegraph.co.ukAIB could take a decade to fully reprivatise, Irish finance minister warnsTelegraph.co.ukIrish taxpayers may have to wait for a decade until they make a profit on the rescue of Allied Irish Banks, the country's finance minister has cautioned as he pulled the trigger on one of London's biggest floats for twenty years. AIB is expected to ...and more »

'Investing in AIB is like betting on a horse' - Newstalk 106-108 fm;

'Investing in AIB is like betting on a horse' - Newstalk 106-108 fm

Newstalk 106-108 fm'Investing in AIB is like betting on a horse'Newstalk 106-108 fmThe four-week countdown to the stockmarket listing of up to 25% of AIB, began last night when Finance Minister Michael Noonan, confirmed the bank's 'Intention to Float.' While these shares will be aimed at institutional investors such as large banks ...and more »

A Decade After the Crisis, Ireland's Easy Sell - Bloomberg;

A Decade After the Crisis, Ireland's Easy Sell - Bloomberg

BloombergA Decade After the Crisis, Ireland's Easy SellBloombergEuro-zone banks are toxic no more. An economic rebound, the election victory of Emmanuel Macron in France, and long-running efforts to replenish bank capital levels have all helped to boost investor appetite for financials. Financial share sales in ...and more »

Stake in nationalised Anglo Irish Bank to be sold on Irish and London stock exchanges - insider.co.uk;

Stake in nationalised Anglo Irish Bank to be sold on Irish and London stock exchanges - insider.co.uk

insider.co.ukStake in nationalised Anglo Irish Bank to be sold on Irish and London stock exchangesinsider.co.ukIreland's Department of Finance is to sell a 25 per cent stake in the nationalised Anglo Irish Bank on the Irish and London stock exchanges through an initial public offering. Anglo Irish Bank (AIB) collapsed along with other Irish lenders at the ...and more »

Five things you need to know about the Government sale of AIB shares - Irish Independent;

Five things you need to know about the Government sale of AIB shares - Irish Independent

Irish IndependentFive things you need to know about the Government sale of AIB sharesIrish IndependentThe Government has launched the sale of 25pc of its stake in AIB, seven years after the bank was nationalised, in what Minister for Finance Michael Noonan described as “a significant step in the continued normalisation of the State's involvement in ...and more »

AIB sees 'significant' investor IPO appetite - RTE.ie;

AIB sees 'significant' investor IPO appetite - RTE.ie

RTE.ieAIB sees 'significant' investor IPO appetiteRTE.ieThe chief executive of AIB has said the impending listing of part of the State's stake in the bank puts in place the final steps enabling the taxpayer to recover its investment in the bank. Minister for Finance Michael Noonan announced his intention ...and more »

Irish government confirms Allied Irish Bank IPO - The Investment Observer;

Irish government confirms Allied Irish Bank IPO - The Investment Observer

The Investment ObserverIrish government confirms Allied Irish Bank IPOThe Investment ObserverThe Irish government has confirmed its intention to float their stake in the Allied Irish Bank (AIB) on both the London and Dublin markets. The Irish state currently owns around 99.9 percent of AIB, and plans to float a quarter of this stake. The bank ...and more »

Ireland to sell a quarter of its stake in bailed-out bank AIB - International Business Times UK;

Ireland to sell a quarter of its stake in bailed-out bank AIB - International Business Times UK

International Business Times UKIreland to sell a quarter of its stake in bailed-out bank AIBInternational Business Times UKAIB chief executive Bernard Byrne says their is 'very significant investor appetite' for the lender's shares. Roger Baird. By Roger Baird. May 31, 2017 11:55 BST. A branch of Allied Irish Bank is seen in London Ireland is set to float a quarter of its ...and more »

Irish government looks to London IPO of Allied - FT Adviser;

Irish government looks to London IPO of Allied - FT Adviser

FT AdviserIrish government looks to London IPO of AlliedFT AdviserThe Irish government has announced plans to float Allied Irish Banks on the London Stock Exchange. It was nationalised in 2010 following the collapse of Ireland's real estate bubble when the Irish government took a majority stake which has since grown ...and more »

Ireland set to sell 25% of Allied Irish Banks - BBC News;

Ireland set to sell 25% of Allied Irish Banks - BBC News

BBC NewsIreland set to sell 25% of Allied Irish BanksBBC NewsIreland is to sell 25% of Allied Irish Banks back to the public, eight years after it was rescued during the financial crisis. Last year AIB was valued at 11.3bn euros, so a share sale may yield 3bn euros or more. The bailout cost Irish taxpayers 21bn ...and more »

How AIB went from boom to bust and back again - Irish Times;

How AIB went from boom to bust and back again - Irish Times

Irish TimesHow AIB went from boom to bust and back againIrish TimesAugust 2008: AIB reports a €1.28 billion pretax profit for the first half of 2008. Pays €270 million dividend to shareholders as most other banks globally are saving money to deal with the impending financial crisis. September 2008: Government issues ...and more »

AIB chief plays down UK election jitters as he courts IPO investors - Irish Times;

AIB chief plays down UK election jitters as he courts IPO investors - Irish Times

Irish TimesAIB chief plays down UK election jitters as he courts IPO investorsIrish TimesAIB's chief executive, Bernard Byrne, has played down the potential impact of a UK election upset on the planned flotation of the State-owned bank. This comes as an opinion poll showed the British prime minister Theresa May may fail to win an overall ...and more »