Axis Capital weighs possible offer for Irish bank PTSB

BAWAG AG

02/10/2026 18:09

Oct 2 (Reuters) - Dublin-based advisory firm Axis Capital said on Friday it is considering a possible offer for Permanent TSB PTSB.I at €3.20 per share in cash, valuing the Irish retail lender at €1.74 billion ($1.96 billion).
The possible offer comes three months after PTSB shareholder approved of the bank's €1.6 billion sale to Austria's BAWAG Group BAWG.VI.
     
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 (Reporting by Unnamalai L in Bengaluru; Editing by Shilpi Majumdar)
 ((Unnamalai.L@thomsonreuters.com;))