RTÉ News
UK · 2 hrs ago
✦ 78◉ Centre
Reclassifying State could 'torpedo' PTSB sale date
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Accuracy 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
PTSB has argued in the High Court that a shareholder's application to reclassify the State's shareholding status would delay or derail the bank's planned sale to Austrian bank BAWAG.
Reclassifying State could 'torpedo' PTSB sale date
PTSB has told the High Court an application by a prominent shareholder to classify the State as a different type of shareholder in the bank would "torpedo" the timetable for a sale of the company to Austrian bank BAWAG.
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