Axis Capital weighs offer for Permanent TSB
Dublin advisory firm Axis Capital is weighing a possible cash offer for Permanent TSB at 3.20 euros per share. The potential deal values the Irish lender at 1.74 billion euros and follows a previous buyout agreement.
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Axis Capital is weighing a €3.20 per-share cash offer for Permanent TSB Group Holdings, valuing the Ireland lender at €1.74 billion ($1.96 billion). The potential bid arrives late Friday morning, disrupting the bank's previously agreed sale. Shareholders approved a €1.6 billion deal with Austria's BAWAG Group AG three months ago.
