Irish bank PTSB says Austria’s BAWAG among its potential bidders

Source: Reuters (via feed)




Irish bank Permanent TSB said on Wednesday that Austrian bank BAWAG Group AG is one of several parties interested in the group. This interest is part of a sale process launched by Permanent TSB last October.

Permanent TSB did not provide further details on the other parties involved. No additional information on timelines or terms was included in the announcement.

BizTrendWire Insight:

The announcement identifies BAWAG as a bidder in Permanent TSB’s ongoing sale process. This update is relevant to business news and market activity in banking sectors.


Read full story on Reuters

More From Author

UBS completes migration of Credit Suisse clients in Switzerland

Iran war spotlights India rupee’s vulnerability, banks pitch cross-currency trades

Leave a Reply

Your email address will not be published. Required fields are marked *

Slider Posts