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BES 0.120 0.000 (0.00%)
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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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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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The Morning Ledger: Last-Minute Wriggling to Limit Health Law's Burdens
Banco Esp�rito Santo investment bank looks for suitors. Senior executives at the investment banking arm of failed Portuguese lender Banco Esp�rito Santo SA have approached possible buyers in China, Dubai and Mexico about possibility of spinning off the ...
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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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 ...
PRESS DIGEST- New York Times business news - Oct 10
Espirito Santo Financial Group SA, which at one point held about 25 percent of the bailed-out Portuguese lender Banco Espirito Santo SA, said on Thursday that it would file for bankruptcy after it was denied creditor protection by a Luxembourg court ...
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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.
Altice Said in Talks With Oi Investors Over Portugal Assets
Portuguese shareholders in the holding Portugal Telecom SGPS SA, which now owns the Rioforte debt and the Oi stake, include Novo Banco SA, the bank that emerged from the breakup from of Banco Espirito Santo SA, Ongoing Strategy Investments and ...
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Espirito Santo Bank of Miami agrees to regulatory enforcement action
The order prohibits the bank from entering into any extention of credit to Banco Espirito Santo of Lisbon or to any other affiliate, pay dividends or pay any deposit or other debt held at the bank in excess of $500,000, without seeking regulators ...
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