Abanca likely to buy EuroBic
It now seems almost certain that the Spanish bank Abanca will strengthen its position in Portugal by purchasing EuroBic. There is said to be an agreement between Angolan shareholders which hold a [...]
It now seems almost certain that the Spanish bank Abanca will strengthen its position in Portugal by purchasing EuroBic. There is said to be an agreement between Angolan shareholders which hold a [...]
There are six in the running to buy the private healthcare group Lusíadas including Luz Saúde. The other groups in the running are Viamed, Quirónsalud, Vithas and HM Hospitales. Lusíadas is [...]
The US entrepreneur John Textor says he is no longer interested in becoming a major shareholder in Benfica football club, but now is interested in investing in FC Porto. The millionaire [...]
The Brazilian cryptocurrency company 2TM has bought the Portuguese platform Criptoloja. The Brazilian company has declined to divulge the acquisition price or the terms of the transaction, but [...]
The Portuguese cork giant Corticeira Amorim has acquired 50% of the Italian Turin-based company Saci for €49 million. Saci’s main production product are wirehoods which are used on bottles of [...]
Portugal’s public development bank, Banco de Fomento, could provide a €140 million credit line to help fill a €230 million black hole in the accounts of Portuguese nationalised electrical and [...]
The Portuguese fashion platform unicorn Farfetch has purchased the luxury fashion online platform Luxclusif. Found in 2013, Luxclusif, which has Portuguese founders and an office in Porto, works [...]
Novobanco has announced that it had completed the sale of its subsidiary bank in Spain to the Abanca group. The bank, headed by António Ramalho, closed the sale of its Spanish interests which [...]
Mergers and acquisitions by Portuguese companies overseas and overseas companies in Portugal have moved around €9.5Bn between January and September There were 361 operations registered by the end [...]