Oireachtas Joint and Select Committees
Wednesday, 12 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Permanent TSB
2:15 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Therefore, the bank is looking for €100 million to €150 million, touring the markets and has met potential investors. Mr. Masding has said there is interest in the bank's story. The question is how much of the bank is potentially up for grabs. What percentage stake in the bank is it looking to dispose of to raise the €100 million to €150 million? Is it seeking to raise more than the minimum required?
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