Banco Popular Espaсol to Buy 50% Stake in Heller Factoring Portuguesa


It was announced yesterday that the Spanish Bank Banco Popular Espaсol will be purchasing a 50% stake in Heller Factoring Portuguesa. Heller Factoring is one of the larger players in the Portuguese market, achieving a turnover of Ј6.81m in 1999. The cost of the 50% stake was XEU 20 million.

Source: Zephus



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