Aib shares to be sold on the market despite dail vote

The Minister for Finance is expected to trigger the flotation of AIB as early as next week.

The Irish Times reports that Michel Noonan is preparing to sell shares at the bank as his last major decision in office. The sale of an initial 25 percent stake on the stock market could raise three billion euro. Newstalk Business Editor Vincent Wall says there was confusion in the Dail on the sale yesterday.