12:11 AM EDT, 10/05/2026 (MT Newswires) -- Dublin-based corporate finance and advisory company Axis Capital is weighing a potential cash takeover offer of 3.20 euros per share for Irish financial services company Permanent TSB Group (PTSB.L, PTSB.IR). The offer's structure will be based on discussions with potential funding partners and due diligence, according to an Oct. 2 filing. However, there is no guarantee that an offer would be made. Axis Capital noted that its offer represents a 7.7% premium over Bawag Group's (BG.VI) 2.97 euro-per-share offer and allows shareholders to roll over a portion of their equity into the new structure and retain their shareholding.

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