KM Financial Solutions | UPDATE 2-Spain’s Abanca gives up on buying EuroBic, keeps eye on Portugal
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UPDATE 2-Spain’s Abanca gives up on buying EuroBic, keeps eye on Portugal

UPDATE 2-Spain’s Abanca gives up on buying EuroBic, keeps eye on Portugal

Spanish lender Abanca said on
Tuesday it would no longer buy a 95% stake in Portugal’s
EuroBic, in which Angolan billionaire Isabel dos Santos has been
trying to sell her 42.5% stake, but said the bank was still
interested in the Portuguese market.

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