Permanent TSB shareholders approve Ulster Bank deal

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Over 99% of shareholders voted in favour of resolutions to approve Permanent TSB's purchase of €7.5 billion worth of Ulster Bank assets at its EGM in Dublin today.

Over 99% of shareholders voted in favour of resolutions to approve the transaction at the bank's Extraordinary General Meeting in Dublin today.

They will be contacted in advance of their loans transferring with further information in the coming months, the lender stated. The bank CEO said that Permanent TSB will continue to engage with regulatory and competition authorities on getting the necessary approvals from them.

Source: News Formal (newsformal.com)

 

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