Radar > 237368

Cerberus Capital Management and Apollo Global Management also keen to acquire Novo Banco

A Cerberus Capital Management e Apollo Global Management também estariam interessados pelo Novo Banco

Intel ID : 237368
Synopsis

Cerberus Capital Management and Apollo Global Management, two US-based private equity firms, could be interested in the acquisition of Novo Banco, as published by newspaper Dinheiro Vivo on 3 June 2016.

According to the news, besides these five potential candidates, there is another company interested in this sale, since there are six investors that requested access to Novo Banco' data.

Millennium BCP (Euronext Lisboa: BCP), Banco BPI (Euronext Lisboa: BPI) and Santander Totta, had already showed interest in acquiring Novo Banco (see related intel).

Banco de Portugal scheduled the submission of proposals to take place until the end of June 2016.
(content in portuguese)

A Cerberus Capital Management e a Apollo Global Management, ambas private equity norte-americanas, também estariam interessados pelo Novo Banco, segundo publicou o Dinheiro Vivo no dia 03 de junho de 2016.

Segundo a notícia, além destes cinco potenciais candidatos, haverá ainda mais uma entidade interessada neste processo, uma vez que serão seis os investidores que já terão pedido para ter acesso aos dados do Novo Banco.

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

Intel ID 237368
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)
25.01.09 Private Equity
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

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.