LONDON, Nov 23 (Reuters) - Ireland's government will take a majority stake in Bank of Ireland, according to Irish government officials, the Financial Times said on Tuesday.
The Irish government is keen to avoid a full nationalisation of Bank of Ireland but the amount of capital that will be pumped into the bank through a rescue package will leave Dublin with a large stake, the Irish government officials said.
No one from Ireland's Finance Ministry or from Bank of Ireland were immediately available to comment.
(Reporting by Michel Rose) (louise.ireland@reuters.com; +44 207 542 2590; Reuters Messaging: louise.ireland.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The Irish government is keen to avoid a full nationalisation of Bank of Ireland but the amount of capital that will be pumped into the bank through a rescue package will leave Dublin with a large stake, the Irish government officials said.
No one from Ireland's Finance Ministry or from Bank of Ireland were immediately available to comment.
(Reporting by Michel Rose) (louise.ireland@reuters.com; +44 207 542 2590; Reuters Messaging: louise.ireland.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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