PTSB sold to Austria's BAWAG Group for €1.6 billion
RTE
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PTSB is to be sold to Austria's BAWAG Group for €1.6 billion, netting the State €931 million.
- Austria’s Bawag to Take Over Irish Bank Permanent TSB in $1.9 Billion Deal Wall Street Journal —
- Austrian bank Bawag wins race to buy PTSB for almost €1.62bn Irish Times —
- BAWAG to acquire Permanent TSB in ~$1.9B deal Seeking Alpha —
- Permanent TSB to be sold to Austrian bank for 1.6 billion euro Belfast Telegraph —
- Government backs sale of PTSB for €1.6bn, shares drop sharply Irish Independent —