Portugal

Apax, Bain submit offer for Portugal Telecom assets-sources

LISBON - Private equity funds Bain Capital and Apax Partners, together with Portuguese conglomerate Semapa , submitted on Friday a firm offer to buy Portugal Telecom's operations in Portugal from Brazil's Oi , three sources said.

Altice to partner with Portgual's postal service if it wins telecom deal 2:59pm GMT

PARIS - Telecoms group Altice said it would partner with CTT, Portugal's postal service, on projects in the event that it won a bidding war with private equity funds to buy the country's incumbent telecom operator.

Altice to partner with Portgual's postal service if it wins telecom deal 2:58pm GMT

PARIS - Telecoms group Altice said it would partner with CTT, Portugal's postal service, on projects in the event that it won a bidding war with private equity funds to buy the country's incumbent telecom operator.

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Asian shares wither as OPEC's restraint hits oil 3:46am GMT

TOKYO - Oil prices, oil-related shares and oil-linked currencies all tumbled in Asia on Friday, in the wake of OPEC's decision to refrain from cutting output despite a huge oversupply.

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Exclusive - France, Italy, Belgium may break budget rules, EU to revisit in March 27 Nov 2014

BRUSSELS - The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March.

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Novo Banco CEO sees no new capital need, deposits recovering 27 Nov 2014

LISBON - The first balance sheet of Portugal's Novo Banco, the successor to Banco Espirito Santo following a state rescue in August, will show solvency ratios above the required threshold and no need for additional capital, its chief executive said.

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Angola's dos Santos sticks to her bid price for Portugal Telecom 27 Nov 2014

LISBON - Angolan entrepreneur Isabel dos Santos will maintain her takeover offer of 1.35 euros a share for Portugal Telecom , considering it fair despite the stock's 25 percent rise since her bid almost three weeks ago, a source said.

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Portugal's economy grew 0.2 percent in third quarter, missing forecasts 14 Nov 2014

LISBON - Portugal's economy grew 0.2 percent in the third quarter, less than expected but in line with the wider euro zone, as export growth slowed.

Mota-Engil to list African unit in Amsterdam, no IPO for now 14 Nov 2014

LISBON, Nov 14 - Portugal's largest builder Mota-Engil said on Friday it will list shares in its African unit that were distributed to shareholders on the Amsterdam Euronext bourse later this month without carrying out an initial pubic offering.

REFILE-UPDATE 1-Portugal's CTT does not rule out making a bid for PT Portugal 13 Nov 2014

(Adds further details, background; refiled to add missing Reuters Instrument Code for CTT)