Saturday , August 17 2019
Breaking News
Home / Tag Archives: LISBON

Tag Archives: LISBON

Portuguese TAP unions plan to step up fight against privatisation


LISBON: The labour council at TAP, Portugal’s state airline, has promised to step up its fight against privatisation in the wake of the government’s announcement that it had decided to sell a 61 percent stake in the company to the Gateway consortium. In a statement, the council said that “the struggle against privatisation continues and must even be intensified in ... Read More »

Spanish win Lisbon transport tender


MADRID: The Spanish group Avanza has won the tender for the franchises to run the Lisbon bus and metro system, Lusa learned from an unnamed source at the Ministry of the Economy on Friday. State Secretary for Transports, Sérgio Monteiro had announced Monday that there were three joint bids for both transport systems with Avanza joined by the Paris transport ... Read More »

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 »