Radar > 240820

Banco BPI confirms interest in Novo Banco

Banco BPI confirma interesse pelo Novo Banco

Intel ID : 240820
Synopsis

Banco BPI (Euronext Lisbon: BPI), based in Porto, confirmed that it is evaluating the acquisition of Novo Banco, reported Público on 21 September 2016, quoting the press conference that followed the Shareholders' General Meeting.

With Banco BPI release, the financial institution may take a position on the subject.

Four institutions have made acquisitions proposals for Novo Banco (see related intel).
(content in portuguese)

O Banco BPI (Euronext Lisboa: BPI), com sede em Porto, confirmou que está a estudar seriamente a aquisição do Novo Banco, segundo publicou o jornal Público em 21 de setembro de 2016, citando a conferência de imprensa que se seguiu à Assembleia Geral de Accionistas da empresa.

De acordo com a notícia, com a desblindagem do Banco BPI, a instituição financeira poderá tomar uma posição sobre a questão.

Quatro instituições teriam feito propostas de aquisição para o Novo Banco (ver Intel relacionado).

Bidder

Banco BPI
Portugal

Target


Intel ID 240820
Value ND
Native Currency Euro (EUR)
Financial Data - Novo Banco
(31 Mar 2016)
Revenue: EUR 140,80m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
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

Target

Name
verified
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

Seller

Name
verified
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

Secondary Sectors (TTRSC)
10.01.01 BPO/Outsource Services
10 Business Services / 10.01 Business & Professional Support Services

15.05.99 Other Distribution & Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

15.10.03 Cultural Sites & Attractions
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

45.03.03 Trade Journal & Magazine Publishing
45 Media, Entertainment & Information Services / 45.03 Publishing

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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.