CaixaBank, whose unsolicited, all-cash bid worth almost €1.08bn for the 55.9% of BPI that it does not already own was rejected as too low by the Portuguese lender’s board on Thursday, has vowed to pursue the offer “until completion”.
Investment Banking
CaixaBank rules out sweetened bid for remaining BPI stake
CaixaBank, whose unsolicited, all-cash bid worth almost €1.08bn for the 55.9% of BPI that it does not already own was rejected as too low by the Portuguese lender’s board on Thursday, has vowed to pursue the offer “until completion”.
