IRISH LIFE&PERM GRP

BAWAG P.S.K. has agreed to acquire Irish lender Permanent TSB at €2.97 per share, valuing the bank at about €1.62 billion. The offer includes a 26% premium to the closing price on 29 October 2025 and was unanimously recommended by the PTSB board; the Irish state, which holds 57.5% of the shares, has pledged its support. The deal is to be implemented via a court-approved scheme of arrangement and is subject to regulatory approvals; completion is expected in Q4 2026 or Q1 2027. BAWAG plans to retain the head office in Dublin and an extensive branch presence in Ireland. » More on de.investing.com

The Wellington Management Group LLP disclosed a 7.38% stake in Permanent TSB, holding 40,196,697 shares of the Irish bank. The position consists of 40,127,897 ordinary shares (7.36%) and cash-settled derivatives (0.01%). Wellington sold 82,654 shares at €2.7894 each on January 15; the filing was made as an opening position notice under Rule 8.3 of the Irish Takeover Panel. No disclosures were made regarding other parties that may be involved in a possible offer. » More on de.investing.com

Wellington Management Group holds and controls 40,210,551 ordinary shares of Permanent TSB (7.38%) plus cash‑settled derivatives of 0.01%, totaling 40,279,351 shares (7.39%). The disclosure was made under Rule 8.3 of the Irish Takeover Panel; on 14 January Wellington made disposals of 15,914 shares at €2.7789 and 50,000 shares at €2.7750. There are no exemption arrangements or agreements relating to options or derivatives on Permanent TSB shares. » More on de.investing.com

The Wellington Management Group disclosed a 7.4% stake in Permanent TSB, owning 40,345,265 shares, of which 40,276,465 are directly held or controlled and 68,800 are cash‑settled derivatives. The disclosure was made as an Opening Position Disclosure under Rule 8.3 of the Irish Takeover Panel Act and filed using Form 8.3. Wellington also sold 17,409 shares on 13 January 2026 at €2.7846 each; there are no exemptions, options or other arrangements that could influence trading decisions. » More on de.investing.com

J&E Davy reported on 13 January 2026 purchases of 79,166 ordinary shares of Permanent TSB at prices between €2.72 and €2.78 and sales of 116,691 ordinary shares at prices from €2.71 to €2.81. The disclosure was made under Rule 38.5(a) of the Irish Takeover Panel Act and relates to ordinary shares with a nominal value of €0.50 each. No cash- or share-settled derivative transactions, no option or vesting arrangements, and no disclosures regarding other parties involved in an offer were reported. » More on de.investing.com