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Tag Archives: Banco Espirito Santo

Apollo Global may bid for Portuguese bank Novo Banco


LISBON: Apollo Global Management Limited Liability Company (LLC), a private equity firm is considering making a bid for Portuguese lender Novo Banco SA, the bank carved out of Banco Espirito Santo SA (BES). Apollo agreed to buy insurer Tranquilidade from Novo Banco in September for an undisclosed amount, plans to submit an indication of interest for the whole bank. Novo ... Read More »