Mergers and Acquisitions

Nordic pet store group Musti, which is owned by Portugal’s Sonae, has reached an agreement with Sonae MC to merge with the Portuguese pet care and products company ZU. Two years ago, after a [...]

Portugal’s bank EuroBic, formerly known as BIC, but had to change its name in 2017 because its was too like Banco BiG, will finally vanish from the market to be incorporated into Spain’s Abanca. [...]

Portugal’s textile company TMG – Acabamantos Têxteis (TMG Group), the UK’s RTS Textiles Ltd (RTS) and Pakistan’s Sapphire Textile Mills (STM) have merged in a “strategic merger” under the [...]

At a time when Portuguese oil and gas company Galp has seen four CEOs come and go since principal shareholder Paula Amorim joined the board of directors, and with business growing in Namibia and [...]

Last year saw the highest number of company mergers and acquisitions seen in a decade in Portugal. According to the Portuguese competition authority (Autoridade da Concorrência – AdC), [...]

Portugal’s competition authority has definitively rejected a take-over bid by Vodafone to buy telecoms company Nowo. “The Autoridade da Concorrência (AdC) has decided not to authorise the [...]

The US fund Warburg Pincus, together with Zeno Partners and Portuguese banker António Horta Osório who are in the race to buy Altice Portugal, say they only want the whole company lock, stock and [...]

Sonae’s Sparkfood, an investment arm of the group led by Cláudia Azevedo, dedicated to healthy and sustainable foods, is in exclusive negotiations to acquire Diorren located in Brittany. Reports [...]

The US global investment management company Barings, which specialises in real estate and specialist equity markets, has announced its purchase of a former factory site that belonged to the glass [...]

Portugal’s monopolies and competition authority AdC has thrown out Vodafone’s bid for the Portuguese telecoms company Nowo. According to Negócios, the rejection is down to commitments from the [...]