Portugal’s postal company CTT – Correios de Portugal announced on Tuesday a reduction of its share capital to the amount of €2,310,000.00 (€2.3 million) by offloading 4,620,000 treasury shares [...]
Portugal’s CTT group is looking at several possibilities to reduce its exposure to Banco CTT. One of the possibilities on the table would be to create a spin-off, eventually listing the bank on [...]