Radar > 222670

Angbang Insurance Group and Bank of China show interest in acquiring Novo Banco

O Angbang Insurance Group e o Bank of China manifestaram interesse na aquisição do Novo Banco

Intel ID : 222670
Synopsis

China-based Angbang Insurance Group and Bank of China showed interest in acquiring Novo Banco.

With these two groups, there are now three Chinese groups in the run to acquire Novo Banco. The third group is Fosun.

Angbang Insurance Group is developing an international investement strategy. Some of the transactions abroad include the acquisition of Waldorf Astoria hotel in New York, Belgium insurance company Fidea and Delta Lloyd Bank Belgium.
(content in portuguese)

O grupo chinês Angbang Insurance Group e o Bank of China manifestaram seu interesse pela compra do Novo Banco.

Com a entrada destes dois novos grupos na corrida pela aquisição do banco português, são já três os grupos chineses que têm interesse no negócio, sendo o terceiro na competição o grupo Fosun.

A Angbang Insurance Group está desenvolvendo uma estratégia de investimentos no estrangeiro, entre as operações que realizou fora de China estão a aquisições do hotel Waldorf Astoria em Nova Iorque, da seguradora belga Fidea e do Delta Lloyd Bank Belgium.

Intel ID 222670
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Novo Banco
(31 Mar 2016)
Revenue: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.02 Central Banking
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.