Novo Banco could sell position at Wembley stadium and US highway
Novo Banco pode vender posição no estádio de Wembley e em autoestrada dos EUA
Intel ID : 243109
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Novo Banco, a Portugal-based financial institution, could be selling non-strategic assets through a side bank, which includes a stake in London-based Wembley Stadium and a shareholder position on US-based highways, reported Público on 5 December 2016. Novo Banco also announced the sale, on the Casablanca Stock Exchange in Morocco, of its 2.5% position in BMCE bank for EUR 83m. The divestment strategy aims to clean up losses and to adjust the its business model.
(content in portuguese)
O Novo Banco, instituição financeira de Portugal, teria colocado à venda vários ativos não estratégicos, através de um veículo designado side bank, que incluem uma participação no estádio londrino de Wembley e uma posição acionista em autoestradas nos Estados Unidos de acordo com notícia do jornal Público em 5 de dezembro de 2016. O Novo Banco anunciou também a venda, na bolsa de Casablanca, em Marrocos, de sua posição de 2,5% no banco BMCE por EUR 83m. A estratégia de desinvestimento tem como objetivo limpar prejuízos e a ajustar o modelo comercial e de negócios. |
| Intel ID | 243109 | |
| Value | ND | |
| Native Currency | Euro (EUR) | |
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Financial Data - Novo Banco
(31 Mar 2016) |
Revenue: EUR 140,80m | |
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25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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.