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Portugal's CTT Decides Start Process To Sell Controlling Stake In Banco CTT

By Reuters News

Nov 4 (Reuters) - CTT Correios de Portugal S.A. CTT.LS:

  • SAID ON TUESDAY, BOARD DECIDES TO INITIATE PROCESS TO SELL A CONTROLLING STAKE IN BANCO CTT

  • IT IS CONDUCTING A STRATEGIC REASSESSMENT OF ITS OPTIONS THAT COULD LEAD TO A POTENTIAL TRANSACTION OR PARTNERSHIP CONCERNING BANCO CTT

  • TO PRIORITISE SOLUTIONS THAT ENSURE ITS CONTINUED ROLE AS A LONG-TERM PARTNER OF BANCO CTT




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Further company coverage: CTT.LS

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