Angolan businesswoman controls Portuguese company Zon Multimédia

10 May 2012

Angolan businesswoman Isabel dos Santos has become the main shareholder of Portuguese multimedia company Zone after buying the 5 percent stake owned by Spanish company Telefonica at market prices, according to a statement issued Wednesday in Lisbon by the Portuguese market regulator.

The acquisition of 5 percent of Zon Multimédia – Serviços de Telecomunicações e Multimédia, made by stake-holding company Jadeium, cost Isabel dos Santos around 36 million euros.

On Monday, via Santoro Finance – Prestação de Serviços, a stake-holding company, Isabel dos Santos said she had acquired 9.436 percent of Portuguese bank Banco BPI, increasing her total stake to 19.43 percent.

The statement came after Spain’s CaixaBank informed the Spanish regulator that Monday it had signed an agreement to sell 9.436 percent of BPI to Santoro for 46.7 million euros, at 0.5 euros per share, which was the same price for which it bought them from Brazilian bank Itaú. (macauhub)

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