Radar > 221342

Banco Popular could be interested in Novo Banco and Banco Santander could be the favorite in this acquisition

Banco Popular podría estar interesado en Novo Banco e Banco Santander sería la favorita para hacerse con la empresa

O Banco Popular poderia estar interessado no Novo Banco e Banco Santander seria a favorita na aquisição da empresa

Intel ID : 221342
Synopsis

After finishing the period to receive acquisition offers for Portugal-based Novo Banco, which would be on 31 December 2014, Spain-based Banco Santander and Banco Popular could be the winers. However, Banco Santander is considered one of the favorite companies in this acquisition. Novo Banco is the successor to Banco Espirito Santo rescued by the state in August.

Twelve entities may have submitted acquisition offers, which includes Spain-based CaixaBank (See related radars).
(content in spanish)

Tras finalizar el periodo para recibir ofertas de compra por la entidad portuguesa Novo Banco, que tendrá lugar el 31 de diciembre, la española Banco Santander y Banco Popular podrían ser la adjudicatarias de Novo Banco aunque Santander se postula como favorita para hacerse con el banco portugués que agrupa los activos del BES, el cual fue rescatado por el Estado portugués.

Doce entidades podrían haber presentado ofertas de compra, entre las que también se encuentra la española Caixabank (Ver radares relacionados).
(content in portuguese)

Com a finalização do recebimento das ofertas de compra da empresa portuguesa Novo Banco, que ocorrerá em 31 de dezembro, a empresa espanhola Banco Santander e o Banco Popular poderia ser a ganhadoras do Novo Banco ainda que o Banco Santander seja considerado como uma das empresas favoritas na aquisição do banco português que agrupa os ativos do BES, que sofreu intervenção do Estado português.

Doze entidades teriam apresentar ofertas de compra, entre elas a espanhola Caixabank (Ver radares relacionados).

Intel ID 221342
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)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

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

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

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.