DoBank buys 85% of Altamira for €360M

DoBank buys 85% of Altamira for €360M

 

According to newspaper Expansión, Banco Santander still owns the remaining 15% of the Portuguese asset management company Altamira.

This operation will represent a change in doValue’s corporate structure, since the resulting entity will have more than 130.000 million euro in assets under its management, which includes buildings, but also credits. These assets are spread out through several countries, such as Spain, Italy, Portugal, Cyprus and Greece, mentions the same newspaper.

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