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Immigration and Business in Portugal
Banco Espírito Santo de Investimento Acquired
Immigration and Business in Portugal: China's Haitong Securities completed its acquisition of the Portuguese bank Banco Espírito Santo de Investimento (BESI) yesterday. Haitong is seeking to pursue further overseas acquisitions on this basis, including a European asset management firm and a U.S. investment firm.
Portugal's Third-Largest Bank, Novo Banco, Faces Potential Acquisition
Perspectives on doing business for Portuguese immigrants: As reported by the Portuguese newspaper Diario Economico, Anbang Insurance Group has offered to acquire Novo Banco, the third-largest bank in Portugal, for approximately 3.5 billion euros (approximately 25 billion RMB).
Portugal Government Issues €1.5 Billion Medium to Long-Term Bonds
Portugal Immigration Business: According to a report by the Portuguese Economic Daily on July 23, the Portuguese Ministry of Finance issued approximately €1.5 billion in medium to long-term bonds through the secondary market on the 22nd, including €900 million in 5-year bonds and €600 million in 22-year bonds (yielding 3.534%). This marks the first issuance of 22-year bonds by Portugal.