Dáil Éireann Debate, Tuesday - 17 February 2026
496. Deputy Ged Nash asked the Tánaiste and Minister for Finance to confirm that the closed bidding session for PTSB has closed; the number of companies/entities that have expressed an interest in purchasing PTSB; and if he will make a statement on the matter. [12741/26]
Amharc ar fhreagra497. Deputy Ged Nash asked the Tánaiste and Minister for Finance if the State has requested a guarantee from any potential buyer of PTSB that jobs and the branch network will be retained; and if he will make a statement on the matter. [12742/26]
Amharc ar fhreagra498. Deputy Ged Nash asked the Tánaiste and Minister for Finance if he as the main shareholder will oppose a sale of PTSB to private equity firm; and if he will make a statement on the matter. [12743/26]
Amharc ar fhreagraI propose to take Questions Nos. 496, 497 and 498 together.
The 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.
