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Permanent TSB-Ulster Bank Ireland DAC assets deal faces in-depth Irish merger probe

( May 10, 2022, 13:55 GMT | Official Statement) -- MLex Summary: Plans by Permanent TSB to acquire Ulster Bank Ireland DAC assets must undergo an in-depth merger review, the Irish competition watchdog has said. A full probe is required to decide if the proposed transaction could lead to a substantial lessening of competition, the authority has said. Third parties have until May 30 for submissions. Permanent TSB provides banking for retail customers and small and medium-sized enterprises. Ulster Bank Ireland DAC is a full service retail and commercial bank.Press release follows....

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