PTSB share price was ‘of utmost importance’ in Minister’s decision on €1.6bn takeover offer
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The High Court is hearing testimony on the second day of a case regarding a takeover offer. The Austrian lender Bawag is seeking approval to acquire the Irish lender PTSB. Evidence suggests the share price of the Irish lender was a primary factor in a minister's decision regarding the 1.6 billion euro offer.
High Court, which must approve Austrian lender Bawag’s deal for Irish lender, hears second day of testimony