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Portugal's BPI urges its holders to shun BCP bid
- Source :
- Wall Street Journal. Europe. April 11, 2006
- Publication Year :
- 2006
-
Abstract
- Banco BPI S.A. of Portugal has received a merger bid from Banco Comercial Portugues S.A. of Portugal for 4.33 billion Euros ($5.24 billion). Banco BPI S.A. Chairman Artur Santos Silva is urging shareholders not to accept the bid saying the bank has a poor record of integrating companies it takes over.
- Subjects :
- Banco BPI S.A. -- Mergers, acquisitions and divestments
Banco Comercial Portugues S.A. -- Mergers, acquisitions and divestments
Banking industry -- Mergers, acquisitions and divestments
Banking industry
Company acquisition/merger
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.144347132