Deals of the Year 2023: Successful block trades pave the way for State to exit AIB
The Department of Finance executed it first block trades in AIB shares in 2022 as part of its strategy to return ownership of Irish banks to the private sector and monetising the State’s stake. The successful block trades, executed in June and November, heavily reduced the State’s shareholding, paving the way for future sales.
This article appeared in the May 2023 edition.