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. » Więcej na 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. » Więcej na 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. » Więcej na de.investing.com