Permanent TSB confirms two offers in its formal sale process
(Il Sole 24 Ore Radiocor) - Milano, 30 mar - Irish retail and SME-focused lender Permanent TSB Group confirmed that Lone Star Fund XII Acquisitions and a consortium involving Sixth Street Luxembourg and Centerbridge Partners, on behalf of certain of their affiliated investment funds or vehicles are among the participants in its formal sale process which was announced in October 2025.
The process remains ongoing.
"PTSB expects to continue to engage with relevant parties, including potential offerors and other stakeholders, in relation to the Formal Sale Process in the coming weeks," it said.
The aim of the process is to identify a new owner that will enable PTSB to continue building on its recent strategic and financial progress, and to support the company in the next.
phase of its growth and strategic development, it added.
(RADIOCOR) 30-03-26 09:05:00 (0121) 5 NNNN