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BPCGY Banco Comercial Portugues SA (PK)

2.61
0.00 (0.00%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Banco Comercial Portugues SA (PK) USOTC:BPCGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 2.61 0.01 1,068.60 0.00 21:13:57

SocGen Sells Euro Bank to Portugal's BCP for $483 Million

05/11/2018 7:24am

Dow Jones News


Banco Comercial Portugues (PK) (USOTC:BPCGY)
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   By Alberto Delclaux 
 

Societe Generale SA France (GLE.FR) has agreed to sell Poland's Euro Bank SA for about 1.83 billion Polish zloty ($483 million) to a subsidiary of Banco Comercial Portugues S/A (BCP.LB).

The Portuguese bank said in a statement that its 50.1%-owned subsidiary, Bank Millennium SA, will pay cash for a 99.79% stake in Euro Bank.

The transaction is expected to close in the second quarter of 2019, BCP said.

 

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

 

(END) Dow Jones Newswires

November 05, 2018 02:09 ET (07:09 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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