July 2011

July 2011
July 2011
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In Spain, following a semester which registered a significant number of deals and a notable recovery in the value of investments compared to the same period in 2010, the month of July was also particularly active, with 80 deals, announced and closed, of which 30 of them were private equity investments and divestments.

In Portugal, July exceeded expectations raised during a dynamic month of June. The Portuguese transactional market registered twenty-six deals. The acquisition of BPN by the Angolan bank BIC for 40 million Euros was a major highlights. The Portuguese capital market revealed the biggest surprise of the year so far: the announced listing of Portuguese technology company TIM WE on NASDAQ, the first time ever a Portuguese company has annonced itss listing on the largest technological stock exchange in the world.