Austrian bank Bawag wins race to buy PTSB for almost €1.62bn
Goodbody Stockbrokers describes price as a ‘disappointing outcome’
- Austria’s Bawag to Take Over Irish Bank Permanent TSB in $1.9 Billion Deal Wall Street Journal —
- PTSB sold to Austria's BAWAG Group for €1.6 billion RTE —
- 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 —