Lisbon (ViaNews) – In today’s fast-pacing business world, network marketing remains a reliable option for companies end entrepreneurs to market their products and services. In 2017, according to the WFDSA (World Federation of Direct Selling Associations), there were more than 116 million people involved in network marketing worldwide. This number denotes an increase of roughly…
Portuguese business daily “Diario Economico” has left the newspaper stands. They have ceased printing its newspaper and became a digital-only publication. The paper has long been going through severe financial difficulties. Its director, Gonçalo Faria de Carvalho, announced the “suspension of the paper edition.” The last printed edition is hitting the stands today with a…
Negotiations have failed between Novo Banco and its buyers Apollo, Anbang, and Fosun. Rumors seem to indicate Banco de Portugal to re-enter negotiations with Apollo before the final decision to postpone the sale to 2016. The last standing bid offer from the Chinese Fosun company was 1.5 billion Euros ($1.7 billion) that was about half…
Yesterday, Haitong bought Novo Banco investment bank for last December’s agreed value of 379 million Euros ($425 million). Last December’s talk between Novo Banco and the Chinese brokerage Haitong Securities Ltd company closed with a possible future sale of the BES Investment Bank for 379 million Euros ($425 million). The sale has since then been…
Crissic Solutions LLC sale to Quadranet INC is now confirmed. The sale was a surprise to most Crissic customers when they saw the official sale confirmation on a popular Internet forum. Crisic Solutions, LLC is a Springfield company specialized in unmanaged VPS (virtual private servers) services. Its owner, Skylar MacMinn, managed to develop the business…
The Banco de Portugal, the institution regulating the Novo Banco sale, was hoping for higher bids, but only got Apollo to raise their offer. According to Banco de Portugal, out of the three contenders, only the American Apollo company increased the bid for the “Novo Banco” buyout. The two other Chinese competitors, Fosun, and Anbang…
