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 [...]
