Bank of Ireland completes €1.9bn state exit package
The Bank of Ireland and the Irish government raised a total of €1.9bn on Wednesday as the state sold its preference shares in the bank before a key deadline.
The deal allows the state to leave its participation before an increase in the cost of redemptions in 2014, and is in keeping with the recent sale of bank stakes by the UK and Sweden, said bankers.
"The idea behind the whole deal was it is time for the
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