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Estado strengthens in Novo Banco after capital increase to 6,567 million euros

Novo Banco approved at the general meeting a capital increase of up to 6,567 million euros as a result of the conversion rights relating to financial years 2018 and 2019, with an increase in the state's share to 11.96%. In a note issued by the Securities Market Commission (CMVM), the bank said that “an...
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