Saturday, September 24, 2016

After the diploma of the Government that helped the BPI, there is now a scheme that affects the BCP – Jornal de Negócios – Portugal

The Government of António Costa has approved a second law that allows the solution of problems in the Portuguese banking. First, it was the law that forced the desblindagem of the statute, which facilitated the purchase intention of the BPI by CaixaBank. Now, it has created a regime that opens the doors of BCP to Fosun.

“The Government today approved a scheme which allows the companies admitted to trading on a regulated market and proceed to the regrouping of its actions, outside the scope of a reduction of share capital”, reveals the release of the Council of Ministers this Thursday, September 23, released more than 24 hours after the meeting.

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