The Portuguese startup Pulsar Finance, responsible for developing a crypto assets management and data supply platform, has announced its ‘exit’ after it was bought out by Terraform Labs (TFL), [...]
The pre-sale valuation for the anticipated management buyout of Cofina Media, which holds the newspaper and TV media Correio da Manhã, CMTV, Negócios, Record, and Sábado, to a group of investors, [...]
Farfetch, the former unicorn with Portuguese DNA, has seen 50% knocked off the value of its shares over the past two days because of investor fears over a shrinking margin and accumulated debts [...]
Portugal’s Sonae Group led by Cláudia Azevedo, has launched a €868 million takeover bid for Finland’s Musti, a listed company specialised in pet products in Finland, Sweden and Norway. Sonae has [...]
The British chemicals group Elementis is to invest €3 million in its first international centre of excellence and research and development laboratory in Portugal, which will open in the first [...]
The financial results of renewables company Greenvolt led by João Manso Neto, tumbled by 65% to €5.9 million to September. The group’s revenues stood at €268 million, 46% up on the like-for-like [...]
The Sino-Portuguese construction giant Mota-Engil today launched a securities offer for up to €60 million of bonds worth €1,000 each aimed at institutional investors. The new issue ‘Bonds Linked [...]
Energy companies like the Spanish Cespa and the Portuguese Galp have earmarked €250 million for startups to help them in their green energy transition. According to business daily Negócios, [...]
Troubled telecommunications giant Altice, which owns Meo in Portugal, has been selling off non-core assets in a bid to calm investors. However, analysts have said that the selloff operation will [...]
The number of zombie companies in Portugal has gone up to 8,501 (3%) since the pandemic making an already recurrent problem in Portugal worse. Apart from causing productivity issues, such [...]
