CTT and Cajamar Break Off Banco CTT Acquisition Talks
CTT - Correios de Portugal and Spanish cooperative lender BCC-Grupo Cooperativo Cajamar have terminated negotiations regarding a potential acquisition of Banco CTT. The breakdown in talks ends speculation about a cross-border banking deal between the Portuguese postal service's financial subsidiary and the Spanish financial institution.
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CTT, Cajamar Are Said to Break Off Talks Over Banco CTT Deal
CTT - Correios de Portugal and Spanish cooperative lender BCC-Grupo Cooperativo Cajamar have terminated negotiations regarding a potential acquisition of Banco CTT. The breakdown in talks ends speculation about a cross-border banking deal between the Portuguese postal service's financial subsidiary and the Spanish financial institution.
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