Dáil Éireann Debate, Tuesday - 5 February 2013
244. Deputy Pearse Doherty asked the Minister for Finance the process adopted by him to sell Irish Life which has been purchased by the State for €1.3bn; the key dates in the selling process; the providers of any services to the State to facilitate the sale; the way the State can be satisfied that it will obtain the maximum price from the sale; and if he will make a statement on the matter. [5291/13]
View answerAs the Deputy will be aware Goldman Sachs has been retained to advise the State on matters relating to the sale of Irish Life since April 2011 and this engagement, details of which have already been disclosed, is continuing. As I have stated previously the State intends to dispose of its holding in Irish Life as soon as market conditions permit. If a sale was to arise I would expect to be advised by my Department and its advisers.
