M&A Deal Summary

CaixaBank S.A. Acquires Banco BPI SA

On May 6, 2018, CaixaBank S.A. acquired financial services company Banco BPI SA from Companhia de Seguros Allianz Portugal SA

Acquisition Highlights
  • This is CaixaBank S.A.’s 1st transaction in the Financial Services sector.
  • This is CaixaBank S.A.’s 1st transaction in Portugal.

M&A Deal Summary
Date 2018-05-06
Target Banco BPI SA
Sector Financial Services
Buyer(s) CaixaBank S.A.
Sellers(s) Companhia de Seguros Allianz Portugal SA
Deal Type Divestiture

Target

Banco BPI SA

Porto, Portugal
Banco BPI SA is a privately owned bank focused on providing a full range of commercial and personal banking services. Banco BPI was formed in 1981 and is based in Porto, Portugal.

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Buyer(S) 1

Buyer

CaixaBank S.A.

Valencia, Spain
Category Company
Founded 1904
Sector Financial Services
DESCRIPTION

CaixaBank, S.A. is a retail banker serving 16 million customers in Spain and Portugal (around 2 million), with 5,379 branches. CaixaBank was forme din 1904 and is based in Valencia, Spain.

DEAL STATS #
Overall 2 of 3
Sector (Financial Services) 1 of 2
Type (Divestiture) 1 of 1
Country (Portugal) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-02 we.trade Innovation DAC

Dublin, Ireland

we.trade Innovation DAC is a digital trade platform based on the Linux Foundation's Hyperledger Fabric and runs on the IBM Blockchain Platform. We .trade digital platform delivers global trade transactions across trade finance, insurance, and logistics. we.trade Innovation was founded in 2017 and is based in Dublin, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-03 Bankia

Madrid, Spain

Bankia is a provider of banking and financial products and services. Bankia was founded in 2010 and is based in Valencia, Spain.

Buy -

Seller(S) 1

SELLER

Companhia de Seguros Allianz Portugal SA

Lisboa, Portugal
Category Company
Founded 1999
Sector Insurance
DESCRIPTION

Formed in 1999, Companhia de Seguros Allianz Portugal SA is a provider of auto insurance and health insurance services based in Lisboa, Portugal.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Portugal) 1 of 1
Year (2018) 1 of 1
Mergr

Product

Company

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