Radar > 223499

DeGiro plans to acquire brokerage firm Interdin, subsidiary of Banco Madrid

DeGiro se interesa por la compra del broker de bolsa Interdin, filial del intervenido Banco Madrid

Intel ID : 223499
Synopsis

Dutch brokerage company DeGiro is showing interest in acquiring Spain-based Interdin, a company in the same line of business and a subsidiary of Banco Madrid, a Spanish company intervened by Banco de España and declared bankrupt.

DeGiro said that it has already contacted Interdin and CNMV, and offered a joint solution for Interdin's clients. So far, it is not clear what CNMV will decide regarding Interdin.
(content in spanish)

El bróker de bolsa holandés DeGiro ha mostrado su interés por la compra de la española Interdin, dedicada a la misma actividad y filial de Banco Madrid, sociedad española que ha sido intervenida por el Banco de España y declarada en concurso de acreedores.

Según DeGiro, Interdin y la CNMV ya han sido contactados por la holandesa, que ha ofrecido buscar una solución conjunta para los clientes de Interdin. Hasta ahora, todavía no está claro qué decidirá la CNMV respecto a Interdin.

Bidder

Netherlands

Target

Seller


Intel ID 223499
Value ND
Native Currency Euro (EUR)
Financial Data - Interdin
(31 Dec 2014)
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)
Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.06 Financial Exchanges
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

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