PTSB Confirms BAWAG Interest in Government Stake Sale
Permanent TSB confirmed that Austria's BAWAG Group is among several parties interested in the bank. The sale would allow the state to exit its 57.4% stake.
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Ireland's Permanent TSB Group Holdings plc confirmed on Wednesday that Austria's BAWAG GROUP AG is among several parties expressing interest in the group as part of a sale process launched last October. The bank issued the statement in response to media speculation regarding potential suitors, though it cautioned that discussions are at an early stage.
There is no certainty that an offer would be made by BAWAG or any other party.
