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PTSB shareholders to vote on €1.6bn takeover offer

The deal needs approval from 75% of shareholders and would still require clearance from Ireland’s High Court and the European Central Bank.

Summary by RTÉ
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.

7 Articles

Lean Right

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.

·Vienna, Austria
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VIENNA. At the Annual General Meeting, the shareholders of PTSB voted for the deal with 91 percent and thus cleared the way for the purchase.

·Linz, Austria
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Bias Distribution

  • 60% of the sources lean Left
60% Left

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RTÉ broke the news in Ireland on Wednesday, July 29, 2026.
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