Isabel dos Santos says there are still “pending items” on according to CaixaBank in BPI – publico

 
         

                 

                         
                     

                         

                 

 
 

After the silence, the pressure. The Angolan businesswoman Isabel dos Santos warned on Saturday that there are still “outstanding elements” before it closed the deal with Spain’s CaixaBank to solve the problem of BPI exposure to Angola.

Almost a week after being reported to the Securities Market Commission (CMVM) the existence of an agreement between the entrepreneur, which controls 20% of BPI, and Spanish, which are the largest shareholders of the bank (44% ), Isabel dos Santos issued a statement in which warns that “the proposal of CaixaBank to acquire BPI control is yet to be finally agreed.”

“I hope that the ongoing negotiations will be completed with success in the best interest of all parties, “says Isabel dos Santos, said in a statement issued by Santoro, holding Angolan controlled by Isabel dos Santos

on Sunday night, statement sent to CMVM by BPI spoke of an agreement and explained that the solution had been “communicated to the European Central Bank and the Bank of Portugal,” lying “poured into a set of contractual documents that will be submitted to the competent corporate bodies in the coming days and that as soon as they are adopted, shall be communicated to the market. “

in other words, the statement did not explain the details of the agreement that had been reached, which led to CMVM to suspend the shares of BPI logo on Monday morning. – a situation that has continued since then

After nearly a week of silence, Isabel dos Santos is now alert to these “outstanding elements that need to be solved” and stresses that its position it is that the “current share of BPI BFA [50.1%, with the remaining capital held by Unitel, which in turn is controlled by Isabel dos Santos] is reduced and that the BFA’s shares are admitted to stock exchange listing; and that this could happen through the distribution of shares in a suitable stock exchange “, can the stock Lisbon is one of the objectives:” It would be in the best interest of all shareholders in Portugal and the rest of the world, “the statement said.

the European Central Bank (ECB) had given until Sunday to BPI confirm that it will no longer have a relationship of control on the BFA. This bank has been in recent years, a steady source of revenue to the bench headed by Fernando Ulrich.

the requirement of the ECB from the fact that Frankfurt does not recognize the Angola an equivalent supervisory standard at European and enjoin the institutions under their control (such as BPI) to count 100% the impact of exposure to large risks units operating in Africa. the ECB calculates BPI’s exposure to Angola in 5000 million.

negotiations between Santoro and CaixaBank have passed a voltage switchgear, with the two largest shareholders of BPI (together have two-thirds of the bank’s capital, but through the shield of the statutes each vote a maximum of 20%) to differ on relevant issues such as the separation of African assets or the deshielded the statutes). In addition to the degradation of this related, there is still that j greasing the complexity of being an agreement that must be validated by four supervisors: Bank of Portugal, Banco Nacional de Angola, European Central Bank and Securities Market Commission.