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Banco Espirito Santo SA news

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BES 0.120 0.000 (0.00%)
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Esperito Santo holding company headed for liquidation
Espirito Santo International SA and Rioforte Investments SA filed the request in July after they were unable to meet debt obligations.
Investors seek injunction on sale of insurer by BES successor
The increasing legal challenges highlight the difficulties that BES and its successor Novo Banco face as they try to recover some of the massive debts of the bank's founding Espirito Santo family. The exposure to family businesses led to the lender's 4 ...
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Fosun offers $580m for Esp�rito Santo Sa�de
ESS is 51 per cent-owned by Esp�rito Santo group, the troubled family company that controls Portuguese lender Banco Esp�rito Santo. BES narrowly avoided collapse in August due to a rescue package that split the bank in two. The overhaul came after it ...
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China IPO Easing, ITT Wells Notice, Espirito Santo: Compliance
Banco Espirito Santo SA, the publicly traded lender of the Espirito Santo empire, was forced to take a bailout last month after regulators uncovered potential losses on loans to other companies tied to the family and ordered the lender to raise capital ...
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Luxembourg court denies protection to 2 Espirito Santo groups
Espirito Santo Financial Group (ESFG) and its subsidiary Espirito Santo Financiere SA still have the right to appeal, and the court has yet to decide on two other holding companies controlled by the family.
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Deals of the Day: Reebok Reaction, Banana Development, IPO Delay
Shopping for suitors. Senior executives at the investment banking arm of failed Portuguese lender Banco Esp�rito Santo SA have met recently with potential suitors to explore options for salvaging the unit, according to people familiar with the matter ...
Portugal regulator extends shorting ban on battered PT shares
SA) and the Rioforte debt, have lost 40 percent following Tuesday's 8.15 percent fall to 1.003 euros. The shares had already been under pressure after the resignation of Oi Chief Executive Zeinal Bava in ... Separately, PT demanded that the Bank of ...
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Portugal sounds out Spanish banks on Novo Banco sale: sources
BES, until recently the country's largest listed lender, was rescued after the collapse of the business empire of its founding Espirito Santo family. The bulk of its risky assets were left in the original bank when Novo Banco was spun out. Spain's ...
Market Chatter- Corporate finance press digest  Reuters UK
Portugal's economy minister confident Novo Banco to be sold in 2015  Shanghai Daily (subscription)
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Swiss begin bankruptcy proceedings against Espirito Santo private bank
FINMA said in a statement that it had found Banque Privee Espirito Santo SA (BPES), which has been in voluntary liquidation since July, to be over-indebted.
Swiss regulators started bankruptcy proceedings against a private bank ...  Mynextfone
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Portugal's Novo Banco Said Selling $250 Million Property Assets
Novo Banco SA, the Portuguese lender that emerged from the bailout of Banco Espirito Santo, is seeking to sell a portfolio of commercial properties valued at about 200 million euros ($250 million), three people with knowledge of the matter said.