{"id":354095,"date":"2026-03-19T09:39:12","date_gmt":"2026-03-19T09:39:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/354095\/"},"modified":"2026-03-19T09:39:12","modified_gmt":"2026-03-19T09:39:12","slug":"donal-odonovan-shades-of-the-low-ball-irish-life-sale-should-haunt-ptsb","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/354095\/","title":{"rendered":"Donal O\u2019Donovan: Shades of the low-ball Irish Life sale should haunt PTSB"},"content":{"rendered":"<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-91174671_secondary indo-1d70522a_marginbottom4 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop4\" style=\"color:var(--color-primary-80)\" data-testid=\"title-summary\">State coffers are bursting, so a deal for lender is only attractive if it is at the right price\n<\/p>\n<p><img decoding=\"async\" alt=\"PTSB is continuing to engage with all parties\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/09\/f2073a3c-7733-400b-a951-3182c9522194.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">PTSB is continuing to engage with all parties<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The stock market responded surprisingly warmly to news that Austria\u2019s Bawag has, finally, been revealed as a potential buyer of PTSB.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Shares rose after both banks confirmed the news, in response to an earlier article in Austrian newspaper Die Presse. That was despite the fact that the article suggested the Austrian lender\u2019s offer will value the Irish bank at just \u20ac2.94 per share, or \u20ac1.6bn.<\/p>\n","protected":false},"excerpt":{"rendered":"State coffers are bursting, so a deal for lender is only attractive if it is at the right&hellip;\n","protected":false},"author":2,"featured_media":26837,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2605,72,11977,14486,61,60,29207,11402,70],"class_list":["post-354095","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-banking","tag-business","tag-department-of-finance-dof","tag-donal-odonovan","tag-ie","tag-ireland","tag-irish-life","tag-permanent-tsb","tag-simon-harris"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/354095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=354095"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/354095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/26837"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=354095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=354095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=354095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}