Radar > 220524

Banco BPI does not rule out possibly acquiring Novo Banco

Banco BPI não descarta a possibilidade de adquirir Novo Banco

Intel ID : 220524
Synopsis

Banco BPI's president, Fernando Ulrich, declared they are able to mobilize what is needed to acquire Novo Banco.

According to Ulrich, if the entity confirms the interest in this deal, BPI may move towards an acquisition, since it could be a very interesting opportunity.
(content in portuguese)

O presidente do BPI, Fernando Ulrich, declarou que o seu banco tem condições para mobilizar aquilo que é necessário para comprar o Novo Banco.

Segundo o gestor, se a entidade confirmar o interesse na transacção, o BPI pode vir a avançar para a sua compra, pois é uma oportunidade que pode vir a ser muito interessante, segundo palavras do próprio presidente.

Bidder

Banco BPI
Portugal

Target


Intel ID 220524
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
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
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

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.