“I hope they are successful and see no reason for them not to be. It is an on-going process”, he told reporters, quoted by Bloomberg, on the sidelines of an event in Lisbon.
Last week, in a statement sent to the Portuguese Stock Exchange Commission (CMVM), the BCP said it had made “substantial progress” in its negotiations with Fosun to enable the Chinese group buy capital in the Portuguese bank.
He added that “the Board [of Directors] had decided to ask the Executive Committee to proceed and finalise the exclusive negotiations with Fosun, and present the respective results for appreciation at the next board meeting”.
On 30 July, the Chinese investment company Fosun made a proposal to BCP to increase its capital, exclusively for the Chinese firm, which would give it a 16.7 percent stake in the bank, and acknowledged that the investment could be as high as between 20 percent and 30 percent.
In Portugal, Fosun already owns insurance company Fidelidade and health care company Luz Saúde.