
PTSB Shareholders Approve €1.6 Billion Takeover by Austrian Bank BAWAG
Shareholders of Irish bank PTSB have approved a €1.6 billion takeover offer from Austrian bank BAWAG. This decision paves the way for the acquisition to proceed.
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PTSB shareholders to vote on €1.6bn takeover offer
Shareholders in PTSB bank will vote today on whether to accept a €1.6 billion takeover offer from Austrian group Bawag at an extraordinary general meeting in Dublin.
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PTSB received approval from over 91% of shareholders to proceed with the cash offer to acquire the bank.
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