Ireland's Department of Finance noted that Permanent TSB Group Holdings plc secured 91.3% shareholder approval for BAWAG P.S.K.'s recommended cash offer. The offer covers PTSB's entire issued share capital at EUR 2.97 per share and values the transaction at EUR 1.6 billion. The state, which holds 57.5% of PTSB, had undertaken to support the offer after a formal sale process conducted under the Irish Takeover Rules. Completion would return PTSB to full private ownership but remains subject to standard regulatory approvals, satisfaction of all conditions and High Court sanction.
Department of Finance (Ireland)2026-07-30
Ireland's Department of Finance notes 91.3% shareholder approval for BAWAG's EUR 1.6 billion PTSB acquisition
Ireland's Department of Finance noted 91.3% shareholder approval for BAWAG's EUR 1.6 billion acquisition of PTSB at EUR 2.97 per share. Completion remains subject to regulatory approvals, other conditions and High Court sanction.