Radar > 234203

Banco Popular and Evo Banco would be final candidates to acquire Barclays Bank's credit card business

Banco Popular y Evo Banco serían los candidatos finales para la compra del negocio de tarjetas de Barclays Bank

Intel ID : 234203
Synopsis

Banco Popular (BME:POP) and Evo Banco could be the final candidates to acquire credit card business controlled by Barclays Bank (LON: BARC), as published by newspaper Expansión, citing different financial sources consulted by the paper.

These candidates, could submit binding offers next week, with project Proyecto Ruby, for which Barclays has received non-binding offers to acquire Barclaycard valued between EUR 300m and EUR 400m.
(content in spanish)

Banco Popular (BME:POP) y Evo Banco podrían ser los dos candidatos finales en la recta final para adquirir el negocio de tarjetas de Barclays Bank (LON: BARC), según ha publicado el diario Expansión, basándose en distintas fuentes financieras consultadas por el medio.

Estos candidatos podrían presentar sus ofertas vinculantes la próxima semana, dentro del Proyecto Ruby, en el que la entidad británica recibió propuestas no vinculantes por Barclaycard valoradas entre EUR 300m y EUR 400m.

Target

United Kingdom
Barclays Bank
United Kingdom

Intel ID 234203
Value ND
Native Currency Euro (EUR)
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)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

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

Bidder

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

Secondary Sectors (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

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

Secondary Sectors (TTRSC)
25.01.08 Investment Banking & Brokerage Services
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.