Shareholders in PTSB bank will vote today on whether to accept a €1.6 billion takeover offer from Austrian group Bawag at an extraordinary general meeting in Dublin.
The shareholders of the Irish PTSB bank agreed to the deal with 91 percent. The approvals of the Irish High Court and regulators are pending. Bawag is putting EUR 1.6 billion on the table for the complete takeover of the Irish.