Banco Comercial Portugues Sells Own Shares.Business Editors LISBON--(BUSINESS WIRE)--December 30, 1999 Banco Comercial Portugues, S.A. (BCP BCP Best Current Practice(s) BCP Business Continuity Planning BCP Business Continuity Plan BCP Book of Common Prayer BCP Banco Comercial Português BCP Bureau of Consumer Protection (US Federal Trade Commission) , NYSE NYSE See: New York Stock Exchange : BPC BPC British Potato Council BPC Brewton-Parker College (Mt Vernon, GA) BPC Bible Presbyterian Church BPC Bangladesh Petroleum Corporation (Chittagong, Bangladesh) BPC British Pharmaceutical Codex ) announced that, in the course of today's session of the Lisbon Stock Exchange Lisbon Stock Exchange (LSE) Stock exchange trading stocks, bonds, and unit trusts. The BVL general index is the exchange's official index. , it has sold 40,000,000 of its own shares, representing 4% of its share capital, at a price of 5.40 Euro per share. The acquirers belong to the group chaired by Mr. Joao Pereira Coutinho. This transaction is perfectly aligned with BCP/Atlantico Group's strategy of developing alliances, which aim at the growth of its activities in partnership with entities that contribute with specific competences to the Group's know-how in financial services. In consideration of the strategic nature of this partnership and the investment made, it is expected that, in the near future, Mr. Joao Pereira Coutinho will join BCP's Senior Board. |
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