Broken the agreement in principle between CaixaBank and Dos Santos by BPI – Investing.com Spain

MADRID (Reuters) – The Spanish group CaixaBank and the Angolan investor Isabel dos Santos have returned to break the agreement in principle on BPI (LS :), according to data released Sunday by the entity Portuguese through the national regulator.

BPI told the commission of Portuguese values ​​that the agreement published a week between Dos Santos and CaixaBank (MC has been terminated for a breach of the agreement reached by ago Angolan multimillionaire.

a spokesman for CaixaBank consulted by Reuters declined to comment.

the deal would have involved the purchase of 18.6 percent of Dos Santos in BPI by the Catalan club, which already owns 44 percent of the entity but has limited its voting rights by the opposition of Dos Santos.

in return, the entrepreneur would also purchased 50.1 percent It does not control entity in the Angolan BFA and is held by BPI. For reasons of regulatory risk, BPI has to get rid of its stake in BFA.

At this point difficulties had arisen because some sources said on Monday Reuters Dos Santos claimed that BFA so listed on the stock Lisbon.

on the occasion of breaking the agreement announced on Sunday, BPI said it is in contact with the European Central Bank to “find an alternative.”

Disclaimer: Fusion Media would like to remind you That the data Contained in this website is not Necessarily Real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices May not be accurate and May Differ from the actual market price, meaning prices are indicative and not Appropriate for trading purposes. Fusion Media doesn`t bear THEREFORE any Responsibility for any trading losses you incur as a result Might of using esta data.

Fusion Media or anyone Involved With Fusion Media will not accept any liability for loss or as a result of damage reliance on the information Including data, quotes, charts and buy / sell signals Contained Within this website. Please be fully Informed Regarding the Risks Associated With costs and trading the financial markets, it is one of the riskiest investment forms possible.