The battle to take over Permanent TSB continues after the bank confirmed on Monday that a further two US-led bidders have entered the sale process. US private equity group Lone Star Fund XII Acquisitions and a consortium involving two US investment firms Sixth Street Luxembourg and Centerbridge Partners are now officially participants in the sale process which was first announced by PTSB on October 30 last. Austrian bank BAWAG already has submitted a non-binding proposal to acquire the bank.

Source: Irish Examiner March 30, 2026 06:30 UTC