- Government sold its stake in PTSB to Bawag on June 26, 2026.
- Shareholders approved a €1.6 billion takeover involving Ptsb, BAWAG, and Bank of Ireland.
Bawag is pursuing the takeover of PTSB, which now requires a hearing in the High Court for final approval.
3 reports, 2 independent
Updated Oct 12
Gone quiet
- Reports
- 3
- Developments
- 4
- Repetition
- 0%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Bawag is pursuing the takeover of PTSB, which now requires a hearing in the High Court for final approval.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.BAWAG is acquiring PTSB bank.1 source
- The High Court requires sanction for the Scheme Document related to the PTSB takeover, with Goldman Sachs and Ernst & Young serving as advisors.Sub-event
Sanctions and budget constraints complicate the bank's takeover of PTSB.1 source
High Court hearing required for Bawag's takeover approval of PTSB.1 source