Radar > 238220

Centerbridge Partners and Lone Star could have sights set on Novo Banco

Centerbridge Partners e Lone Star também estariam de olho no Novo Banco

Intel ID : 238220
Synopsis

US-based private equity funds Centerbridge Partners and Lone Star could also have their sights set on Novo Banco, as published by newspaper Publico on 29 June 2016.

According to the news, the companies also requested access to confidential financial information on Novo Banco.

Cerberus Capital Management, Apollo Global Management, Millennium BCP (Euronext Lisboa: BCP), Banco BPI (Euronext Lisboa: BPI) and Santander Totta had already shown interest in Novo Banco. (see related intel)

Banco de Portugal's objective is to find a buyer that would be able to ensure the capital needs of Novo Banco in the future, avoiding further costs for taxpayers and also for the Government.

According to Banco de Portugal's schedule, it is estimated that proposals should be submitted by the end of June 2016.
(content in portuguese)

Os fundos de private equity norte-americanos, Centerbridge Partners e Lone Star também estariam de olho no Novo Banco, segundo publicou o Público no dia 29 de junho de 2016.

Segundo a notícia, as empresas também pediram acesso a informação financeira confidencial sobre o Novo Banco.

A Cerberus Capital Management, a Apollo Global Management, o Millennium BCP (Euronext Lisboa: BCP), o Banco BPI (Euronext Lisboa: BPI) e o Santander Totta, já haviam manisfestado o interesse pelo Novo Banco (ver intels relacionado).

O objetivo do Banco de Portugal é encontrar um comprador que consiga assegurar as necessidades de capital do Novo Banco no futuro, evitando mais custos para os contribuintes e também para o Estado.

O calendário definido pelo Banco de Portugal prevê que a apresentação de propostas aconteça até ao final de junho de 2016.

Intel ID 238220
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
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

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)
25.01.03 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

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

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

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

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

Country
Website
Description

Seller

Name
potential
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.