Axis Capital Weighs €1.74 Billion Cash Offer for Irish Lender Permanent TSB

Key Facts

1Axis Capital is considering a cash offer for Permanent TSB at €3.20 per share.

2The potential offer values the Irish retail lender at approximately €1.74 billion ($1.96 billion).

Axis Capital is considering a cash offer to acquire Permanent TSB at a price of €3.20 per share. Reuters reported that the potential offer values the Irish retail lender at approximately €1.74 billion, or roughly $1.96 billion.

The Dublin-based advisory firm is exploring the acquisition as a potential consolidation move within the Irish retail banking sector. Regarding related instruments, AXS closed at $95.51 on October 1, 2026, after reaching a session high of $95.56.