Fosun started talks to buy Novo Banco

September 8, 2015 12:59 PM

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LISBON, Sept 8 China's Fosun International has started exclusive negotiations with the Bank of Portugal to buy Novo Banco, a Fosun spokesman said on Tuesday.

"Fosun is in negotiations with the central bank over Novo Banco and will make no further comments," the spokesman for Fosun in Lisbon said.

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