Fairfax to sell up to 2.9 percent of Bank of Ireland

DUBLIN, March 30 (Reuters) - Fairfax Financial on Monday launched the sale of 2.9 percent of Bank of Ireland in a deal being managed by Deutsche Bank (LSE: 0H7D.L - news) , sources told IFR.

Fairfax is offering 935 million shares in an indicative price range of 35.75 to 37.25 euro cent per share, the sources said. Bank of Ireland (Other OTC: IRLD - news) shares trading in London closed at 38.75 euro cent. (Reporting by Graham Fahy; Writing by Conor Humphries)