M&A Activity • Sep 14, 2016
M&A Activity
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ANNOUNCEMENT Reuters>bcp.Is Exchange>MCP Bloomberg>bcp pl ISIN PTBCP0AM00007
Banco Comercial Português, S.A. ("BCP") informs that its Board of Directors analysed, in a meeting held today, a recommendation from BCP's Executive Committee concerning the investment proposal received from Fosun Industrial Holdings Limited ("Fosun") on July 30, 2016.
The Board of Directors of BCP welcomed the interest shown by Fosun and discussed main highlights of the likely terms of the investment. The Board of Directors has also requested the Executive Committee to expand negotiations with Fosun and, as soon as matters related to the conditions precedent listed in BCP's announcement dated July 30, 2016 are clarified, to call for the immediate convening of another meeting of the Board of Directors, in any case to be held before the end of the current month.
End of disclosure
Banco Comercial Português, S.A.
BANCO COMERCIAL PORTUGUÊS, S.A., a public company (sociedade aberta) having its registered office at Praça D. João I, 28, Oporto, registered at the Commercial Registry of Oporto, with the single commercial and tax identification number 501 525 882
and the share capital of EUR 4,094,235,361.88
INVESTOR RELATIONS Rui Coimbra Phone +351 211 131 084 [email protected] [email protected] [email protected]
MEDIA CONTACT Erik T. Burns Phone +351 211 131 242 Mobile +351 917 265 020 [email protected] [email protected]
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