PTSB share price was ‘of utmost importance’ in Minister’s decision on €1.6bn takeover offer

PTSB’s share price was “of utmost importance” to Minister for Finance Simon Harris when considering Austrian bank Bawag’s €1.6 billion offer for the Irish lender , a senior civil servant has told the High Court. Desmond Carville, the head of the shareholding and financial advisory division at the Department of Finance, said today that it was “our primary driver to maximise value for the Irish…