Irish Transport Minister Martin Cullen yesterday outlined privatization plans for Aer Lingus to Ireland's parliament, confirming the government's April decision to sell off most of its stake in the carrier by the end of September. The share sale will include both an offering to "domestic and international institutions" and an IPO. It has not yet been determined how many shares will go to retail investors and how many will be put up in the IPO, but the government will retain at least a 25.1% ...

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