Radar > 217320

Novagalicia Banco (NCG Banco) intends to carry ou a public offering next year

Novagalicia Banco (NCG Banco) tiene previsto salir a bolsa el próximo año

Intel ID : 217320
Synopsis

Spanish financial institution Novagalicia Banco (NCG Banco), which has just been acquired by Venezuela-based Banesco, could be listed on the continuous market in 2015. The company could change its name to Abanca and integrate Banco Etcheverría's subsidiaries in Spain.

If this deal materializes, Novagalicia Banco (NCG Banco) would place between 15% and 20% of the capital on the stock market.
(content in spanish)

La entidad financiera española Novagalicia Banco (NCG Banco), que acaba de ser adquirida por la venezolana Banesco, podría comenzar a cotizar en el mercado continuo en el año 2015. La entidad ha cambiado su denominación por Abanca y ha agrupado las sucursales de Banco Etcheverría en España.

De concretarse la operación, Novagalicia Banco (NCG Banco) colocaría en bolsa entre un 15% y un 20% de su capital.

Issuer


Intel ID 217320
Value ND
Native Currency Euro (EUR)
Financial Data - Abanca
(31 Dec 2015)
Date
Country
Region
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Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Issuer

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)
25.01.05 Corporate, Sovereign & Trade Finance
25 Financial Services / 25.01 Banking & Investment

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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.