Spain-based Banco Popular seeks investments in Latin America to continue growing
La española Banco Popular busca compras en Latinoamérica para crecer
Intel ID : 219275
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Spain-based Banco Popular seeks short-term growth opportunities in Mexico and in other Latin American countries through acquisitions. Banco Popular wants that 30% of group's profit are generated abroad, before 2018. The bank has recently closed the acquisition of a 24,99% stake in Mexico-based Grupo Financiero Ve por Más (BX+), as part of its international expansion strategy.
(content in spanish)
La entidad financiera española Banco Popular busca oportunidades de crecimiento a corto plazo en México y en otros países latinoamericanos a través de adquisiciones. Banco Popular pretende que el 30% del beneficio del grupo proceda del exterior antes de 2018. La entidad financiera ha cerrado recientemente la compra del 24,99% del accionariado mexicano Grupo Financiero Ve por Más (BX+) como parte de su estrategia de internacionalización. |
Intel ID | 219275 | |
Value | ND | |
Native Currency | Euro (EUR) | |
Financial Data - Banco Popular
(31 Dec 2015) |
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25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
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Legend:
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Potential: Unconfirmed as a party to an active or possible transaction.
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Transactional data is continuously updated by the research team and therefore is subject to change.