Dáil Éireann Debate, Tuesday - 13 January 2026
861. Deputy Brendan Smith asked the Tánaiste and Minister for Finance further to Parliamentary Question No. 92 of 5 November 2025, if he will ensure that employment is protected and the branch network retained in the event of the sale of a company (details supplied); and if he will make a statement on the matter. [1884/26]
Amharc ar fhreagraThe PTSB Formal Sales Process (FSP) is conducted by PTSB pursuant to the Irish Takeover Panel Act 1997. The process is overseen by the Takeover Panel and is subject to the Irish Takeover Rules.
The FSP is open to suitable strategic and financial investors and is being conducted by PTSB and its advisers in accordance with the Irish Takeover Rules. It is not appropriate to speculate on what potential bidders may emerge, nor is it appropriate to speculate on the outcome of any changes a preferred bidder may make as a result of their offer. However, as a general rule, the contractual employment rights of staff cannot be unilaterally changed.
