BRUSSELS, April 9 (Reuters) - European Union state aid regulators approved on Thursday Permanent TSB's restructuring plan after the bailed-out Irish lender pledged to sell low-yielding assets, raise capital and cut costs over the next three years.
The European Commission said the overhaul aimed to return 99.2 percent-state owned PTSB to profit and included a set of commitments during the restructuring period until the end of 2018.
02:27 Trump’s Tax Plan Is a Reckoning for Republican Deficit Hawks17
23:59 Shares in Takata suspended after reported bankruptcy filing plan18
18:36 Ajit Pai announces plan to eliminate Title II net neutrality rules20
05:16 How does the ’action plan’ compare with the first 100 day reality for Donald Trump?18