Mr Noonan specifically commented that “no irretrievable decision has been taken yet to go ahead in the final quarter in the year [having previously expressed an interest in a H216 timeline], but we’ll have to take a decision in the early days of the government to meet the timelines”. He added that “obviously markets haven’t been as strong as they were last year. We’ll only sell in a strong market as we want to get full value for the Irish taxpayers”. Mr Noonan then added that the next government would take financial advice on a possible sale of the State’s remaining 14% interest in Bank of Ireland after completing an initial share sale in AIB, adding that he doesn’t envisage a further share sale in PTSB “in the short term”.
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