ECB grants regulatory approval for Bawag PTSB takeover
This ‘represents an important milestone toward completion of the transaction’, the Austrian lender said
Bawag
PTSB income rises 7% as loan book grows ahead of Bawag sale
Bank reports stronger mortgage and business lending as it expects €1.6bn deal to complete in late 2026 or early 2027
Minister for Finance has put PTSB board in ‘straitjacket’, minority shareholder alleges
High Court us deciding whether to approve the €1.6bn sale of PTSB to Austrian banking group Bawag
PTSB attacks Axis in court over effort to disrupt Bawag’s €1.6bn takeover
Senior Department of Finance official says price was ‘of utmost importance’ in Minister’s decision to vote State shares for deal
Small PTSB shareholders ‘paying for Minister’s exit’ in €1.6bn takeover deal, court hears
Axis Capital will not request an adjournment of proceedings to prepare rival bid, court hears
PTSB says Axis bid interest ‘highly speculative’ as it sticks to Bawag deal timeline
Axis Capital is a corporate advisory firm cofounded by former banker Mark Duffy
Mark Duffy’s Axis to ask court to delay ratifying Bawag’s PTSB takeover
Company seeking to put together 11th-hour bid
Bawag ‘rising above the noise’ as it eyes completing PTSB deal, CEO says
PTSB will be the first public-company deal that the Austrian lender has completed
Takeover panel rejects PTSB sale complaints from ex-banker
Former Bank of Scotland (Ireland) chief Mark Duffy separately mulling late bid for Irish lender
PTSB dissident shareholder Scotchstone latest to signal possible bid
PTSB agreed in April to be taken over by Austria’s Bawag in €1.62 billion deal
Has Mark Duffy left it too late to spoil the PTSB party?
Former Bank of Scotland Ireland chief executive has his work cut out to gatecrash Bawag bid for PTSB
Mark Duffy’s last-minute tilt at PTSB muddies waters for budget ministers
Prospective buyer declined to say whether Axis Capital has investment banking advisers or financial backing
The Irish Times view on the PTSB sale: stick with the plan
Another expression of interest has appeared, but the only offer on the table is from Bawag
PTSB says takeover by Bawag still on track despite ‘highly speculative’ bid by Axis Capital
Axis, cofounded by former boom-era banker Mark Duffy, has yet to line up funding needed to make offer for bank
Former banker Mark Duffy’s Axis Capital ‘considering PTSB bid’
Company has yet to secure funding for potential bid
High Court hearing to sanction Bawag takeover of PTSB set for October
Uncertainty remains over whether a separate count of minority shareholders will be required to approve the deal
Actions fail to match words among DCC investors objecting to deal
Sale of shares at levels below an offer they dismiss as not good enough adds to summer turmoil at listed targets
PTSB takeover wins 91.3% investor support in key vote
Question lingers over whether High Court will require a separate vote among minority investors
What size does your pension actually need to be for a comfortable retirement?
Inside Business podcast with Ciarán Hancock
PTSB underlying profit jumps 34% ahead of vote on Bawag takeover
CEO Eamonn Crowley says €1.62bn sale deal followed evaluation of value, stakeholder considerations, and long-term strategic fit
Irish Life dividends near €2bn under Canadian ownership
Dividend payments well exceed €1.3bn Great West Lifeco paid for Irish Life in 2013
DCC Energy board backs ‘compelling’ takeover bid of up to £5.73bn
Board faces collision course with some top investors who see deal as undervaluing the company
Housing tax measures and restoring morale at Coimisiún Pleanála
The best news, analysis and comment from The Irish Times business desk
The PTSB takeover looks like a done deal. It isn’t
Shareholders to vote next week on Austrian bank Bawag’s planned €1.62bn takeover
Bawag builds up funds for PTSB deal ahead of crucial vote
Transaction values bank at an almost 20% – or €400 million – discount
PTSB investors urged by advisory firm to reject €1.62bn sale
Glass Lewis has come out against PTSB sale to Austria’s Bawag
PTSB sale backed by key advisory firm even as price ‘understandably disappointing’
ISS recommends that investors vote in favour of PTSB’s sale to Bawag at upcoming shareholder meeting
PTSB seeks court approval for €1.6bn sale to Bawag amid minority-shareholder opposition
Three shareholders oppose bank’s process of approving the acquisition scheme
PTSB revenues grew 10% in first quarter before Austrian deal
Lender reports strong growth in business and personal loans business as cost to income ration falls to 72%
How can Bawag’s PTSB deal benefit Irish customers?
A key factor in the lack of competition in Irish banking has been that the big three only really operate in Ireland
Finance Ireland pays maiden dividend of €75m as loan book reaches record
Separate talks held with PTSB and Bawag, chief executive Billy Kane confirms
Finance Ireland’s Billy Kane: ‘We’re always up for sale ... that’s the nature of the business’
Head of Ireland’s biggest non-bank lender says he would now rather be one doing the buying after seeing sale talks with PTSB and Bawag fizzle out
Avant profit rises in first quarter as Irish loans grow 23 per cent
Avant Money is the Irish unit of Spanish financial group Bankinter
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
The GlossOpens in new window
Read the digital edition of The Gloss magazine now
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices