Radar > 224446

Banco Popular could acquire assets in Mexico and United States

Banco Popular podría llevar a cabo adquisiciones en México y Estados Unidos

Intel ID : 224446
Synopsis

Banco Popular's president, Ángel Ron, said the bank could carry out acquisitions in Florida and in Mexico, if opportunities show up. It does not rule out acquisitions of European companies, although it highlights its focus is on the Spanish market.

The acquisitions in Florida and Mexico are part of its strategy to increase its market share in areas where the bank is present.
(content in spanish)

El presidente de la entidad bancaria española Banco Popular, Ángel Ron, ha afirmado que el banco podría llevar a cabo adquisiciones en Florida (Estados Unido), y en México si viese una buena oportunidad. Tampoco descarta adquirir empresas europeas, aunque destaca que la compañía está muy centrada en el mercado español.

Las adquisiciones en Florida y México se llevarían a cabo con la intención de ganar cuota de mercado en las zonas, donde ya la entidad bancaria tiene presencia.

Bidder


Intel ID 224446
Value ND
Native Currency Euro (EUR)
Financial Data - Banco Popular
(31 Dec 2015)
Date
Country
Region
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Geography
Subsector (Old TTR Sectors)
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Bidder

Name
verified
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

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Website
Description

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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.