China’s Fo­sun eyes stake in Por­tuguese bank

The Myanmar Times - - International Business -

Fo­sun has made an of­fer for a 16.7 per­cent stake in Banco Comer­cial Por­tugues, Por­tu­gal’s big­gest pri­vate bank, which it may in­crease to 30pc, BCP said. BCP said in a state­ment the of­fer was of “po­ten­tial strate­gic in­ter­est”. – AFP

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