Any party that was interested in buying Novo Banco – the transition bank that remained with the Banco Espirito Santo (BES) assets and liabilities that were not considered to be toxic – had until last Thursday to present their proposals.
The local papers are saying there were six entities that were interested and asked for confidential financial information: about banks BCP, Santander and BPI and the Apollo, Centerbridge and Lonestar funds.
Lusa News Agency has confirmed the information that neither BCP nor Santander presented any proposal.
Four suitors for Novo Banco
By TPN/Lusa, in Business · 07 Jul 2016, 13:51 · 0 Comments