Portugal's BCP Bank: Three Bids Received For Polish Unit
19 Setembro 2011 - 5:03PM
Dow Jones News
Banco Comercial Portugues SA (BCP.LB) said Monday that it has
received three bids for its Polish unit Bank Millennium SA (MIL.WA)
so far.
BCP said it hasn't analyzed the bids yet, and "reception of
further expressions of interest remains open."
A spokesman declined to comment further.
The bank said the sale process is still in early stages, and it
may decide not to proceed with it.
BCP is selling Bank Millennium as it seeks to boost capital
ratios to meet new requirements set by Bank of Portugal and the
troika under Portugal's EUR78 billion rescue plan.
-By Patricia Kowsmann, Dow Jones Newswires; 351-916-466-297;
patricia.kowsmann@dowjones.com
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