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RSS FeedsUS equity firm closes in on purchase of Portuguese bank
(World News Brazil)

 
 

21 february 2017 11:00:55

 
US equity firm closes in on purchase of Portuguese bank
(World News Brazil)
 


Portugal`s central bank says it has picked U.S. private equity firm Lone Star for exclusive final negotiations on its bid to buy Novo Banco, the so-called good bank salvaged by the Portuguese government from the collapse of major lender Banco Espirito Santo. The one-sentence statement did not give any details about a time-frame for a decision or a possible sale price, nor did it identify other bidders. ......


 
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