EuroBic: Negotiations with Abanca are the "most advanced"

EuroBic: Negotiations with Abanca are the "most advanced"

Eurobic's purchase, which is at the heart of the Luanda Leaks case, should lead to the disappearance of the brand.

The president of the Galician bank confirmed this week that Abanca has an interest in EuroBic but only if it can control more than 75% of the bank's capital. Other than Abanca, there are more interested in the bank that is at the heart of the Luanda Leaks case, regarding alleged embezzlement of Angola funds by Isabel dos Santos, the largest Eurobic's shareholder. The daughter of the former president of Angola, José Eduardo dos Santos, is selling her 42.5% stake in the bank, following the controversy.

Read more in Diário de Notícias

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