Ireland on track to sell all AIB shares by end of year, says finance minister

This latest transaction is the sixth round of AIB shares owned by the Irish State to be sold (Alamy/PA) -

Ireland is on track to sell all shares in AIB by the end of the year, the finance minister has said.

The Irish State sold a 5% stake in AIB, which will generate around 652 million euro (£546 million) and reduce its stake to 12.5%.