Irish State may retain 75% stake in re-listed Permanent TSB

The Government is expected to only dispose of 20%-25% of its stake in Permanent TSB, rather than the 40% originally envisaged. PTSB yesterday confirmed that it will use a public share offering — the first launched by an Irish bank since the financial crisis — to raise the bulk of the €525m it is looking … Continue reading Irish State may retain 75% stake in re-listed Permanent TSB