Companies

Portugal’s capital markets supervisor the CMVM says there is no “irregularity” in the purchase of 0.24% of Portuguese postal service CTT by State public holding Parpública. The CMVM says the [...]

A journalists’ union in Portugal has asked the Portuguese State Procurator’s Office (PGR) to step in and investigate alleged illegal acts as part of an overall financial crisis engulfing one of [...]

The Portuguese public holding company Parpública purchased shares in the privatised postal service company CTT on the government’s orders it was revealed this week by Jornal Económico. The [...]

The US equity fund KKR is to launch a takeover bid or public acquisition offer for the Portuguese renewables energy company Greenvolt. A €1.1Bn price tag has been mooted for the energy company [...]

NH Hoteles has acquired five hoteles in Portugal held by its largest shareholder, the Thai group Minor for €133.2 million. According to the Spanish stock market regulator CNMV the operation had [...]

Farfetch, one of Portugal’s first unicorns, has effectively fallen under the control of the South Korean company Coupang, owned by founder and CEO Bom King. On Monday Farfetch reached an [...]

Vodafone has left its Porto HQ, the iconic Vodafone building in the city’s Boavista district owned by the fund AF Portfólio Imobiliário (BCP) because it refused to carry out maintenance works on [...]

The former Portuguese unicorn Farfetch could dismiss up to 2,000 staff or 25% of its workforce as its fortunes tumble on the Lisbon stock market; its shares worth only US$0.5282 – a fall of [...]

The former Portuguese unicorn Farfetch, which specialises in selling both new and second-hand luxury goods on a dedicated platform, has been accused in the US of providing “misleading [...]

The Portuguese electrical and transport systems company Efacec, which has just been purchased by the German fund Mutares, has bagged a multimillion euro contract from a Danish rail operator in [...]