Great-West Lifeco Inc. is again interested in acquiring permanent tsb Group Holdings p.l.c. (Irish Life), as eurozone seems to be stabilizing and the government has revived talks to sell permanent tsb. The transaction can be expected this quarter as state seeks to lower its 64 billion-euro bill for rescuing the nation's financial system over the past four years An accord may be reached this quarter, said the people, as the state seeks to lower its €64 billion bill, according to three people familiar with the matter. Also, Kevin Murphy, Chief Executive Officer of permanent tsb, postponed his plans to retire at the end of 2012 due to revived talks.

He said, "That matter is expected to be resolved in the coming months,” declining to comment on the sale process.