Radar > 245626

Novo Banco receiving new bid from Aethel Partners

Novo Banco teria recebido uma nova posposta da Aethel Partners

Intel ID : 245626
Synopsis

Banco de Portugal (BdP) would have received a new bid from Aethel Partners for the purchase of the Novo Banco, reported Dinheiro Vivo on 27 February 2017.

The bid of Aethel Partners came a few days after Banco de Portugal announced that it started an exclusive negotiation with the US-based Lone Star fund for the sale of Novo Banco (see related Intel).

According to the news, Aethel Partners would have sent a letter of intent that may represent up to EUR 4m by the financial institution. Aethel Partners had already expressed interest in Novo Banco (see related intel).
(content in portuguese)

O Banco de Portugal (BdP), instituição financeira portuguesa, teria recebido uma nova posposta da Aethel Partners para a compra do Novo Banco, segundo publicou o Dinheiro Vivo no dia 27 de fevereiro de 2017.

A proposta da Aethel Partners chega poucos dias depois de o Banco de Portugal ter anunciado que entrou em negociações exclusivas com o fundo norte-americano Lone Star para a venda do Novo Banco (ver Intel relacionado).

Segundo a notícia, a Aethel Partners teria entregado uma carta de intenções e que pode representar um montante de até EUR 4m pela instituição financeira. A Aethel Partners já havia manifestado o interesse no Novo Banco anteriormente (ver intel relacionado).

Bidder

United Kingdom

Target


Intel ID 245626
Value ND
Native Currency Euro (EUR)
Financial Data - Novo Banco
(31 Mar 2016)
Revenue: EUR 140,80m
Date
Country
Region
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Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Consultancy, Audit and Engineering (Primary)
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.