Grupo Espirito Santo has made a request for proposals to buy 100% of its Tranquilidade insurance unit, Jornal de Negocios reports, without saying how it obtained
the information.
* Final offers have to be handed in during the second half of
July: paper
* Ricardo Salgado, chairman of holding co. Espirito Santo
Financial Group, had said in February that only a minority
stake would be for sale: paper
* List of candidates to buy Tranquilidade includes Apollo
Global Management, JC Flowers, TPG Capital and an
unidentified international insurance group: paper
Grupo Espirito Santo has made a request for proposals to buy 100% of its Tranquilidade insurance unit, Jornal de Negocios reports, without saying how it obtained
the information.
* Final offers have to be handed in during the second half of
July: paper
* Ricardo Salgado, chairman of holding co. Espirito Santo
Financial Group, had said in February that only a minority
stake would be for sale: paper
* List of candidates to buy Tranquilidade includes Apollo
Global Management, JC Flowers, TPG Capital and an
unidentified international insurance group: paper
Contravvenendo al mia tradizionale policy di non disclosure vedo una discreta opportunita' sulle Tranquillidade (= ne ho). Situazione simile alla Irish Life, che di fatto si rivelo' "bankruptcy remote" dalla Permanent TSB.
Se gente come Apollo sta studuiando il dossier allora c'e sicuramenet valore.
Il problema e' la totale illiquidita' di questi strumenti...
quale è il bond tranquilidade ?
Azz... anch'io ne ho...
Questa notizia mi spiazza un po'...