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    PTSB Shareholders Approve €1.6bn Bawag Takeover

    12 hours ago

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    Shareholders of PTSB have overwhelmingly voted 91% in favor of a €1.6 billion takeover by Austria's Bawag group. The deal, which requires approval from the High Court in Ireland and the European Central Bank, was supported by the State, owning 57.4% of shares. Despite some opposition, the PTSB board believes this offer is the best for shareholders.
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