DUBLIN May 30 Irish Finance Minister Michael
Noonan informed cabinet on Tuesday that he expects to make a
decision in the next 48 hours on whether to launch an initial
public offering of Allied Irish Bank, Prime Minister
Enda Kenny said.
Ireland's government has appointed several banks to act as
bookrunners and global coordinators for the potential sale of
its 25 percent stake in AIB, and Noonan has said the nearest
window to sell the shares runs from mid-May to the end of June.
"The minister informed the government of his process to this
point. He said in the next 48 hours, he would expect to make a
decision," Kenny told parliament.
(Reporting by Padraic Halpin. Editing by Jane Merriman)