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Title: BES denies merger talks with Spain's Pastor | Reuters
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BES denies merger talks with Spain's Pastor | Reuters: "Portugal's second-largest listed bank Banco Espirito Santo (BES.LS) sai...
BES denies merger talks with Spain's Pastor | Reuters: "Portugal's second-largest listed bank Banco Espirito Santo (BES.LS) said on Tuesday it was not in talks with Spain's lender Banco Pastor (PAS.MC), following a similar denial by the Spanish bank.

'Following the news published in Spanish press today about the existance of negotiations with a view to a possible merger between BES and Banco Pastor, BES informs that such news does not correspond to the truth and denies existance of such negotiations,' BES said in a statement"

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18 Jan 2011
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