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BRIEF-Portugal’s Millennium BCP says to expand talks with Fosun

Page created: Thursday, 15 September 2016 8:46 GMT

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Banking Sector  Fosun   Millennium BCP

Portugal’s largest listed bank, Millennium bcp, said in a statement late on Wednesday:

* The board of directors agreed to expand the negotiations with China’s Fosun on its offer made on July 30 to buy a stake of at least 16.7 percent via a dedicated capital hike, with a possible further increase of the stake to up to 30 percent.