Portuguese postal operator CTT (Correios de Portugal) announced it has initiated the sale of a controlling interest in Banco CTT, in which it currently holds a 91.5% stake. The decision follows a strategic review and the collapse of preliminary talks with Spanish banking group Cajamar. CTT stated that it intends to remain a shareholder and commercial partner of the bank after any transaction concludes.
Postal Operator CTT to Sell Controlling Stake in Banco CTT
Tuesday, 3 November 2026AI summary
5 sources
- CTT starts sale of controlling interest in Banco CTTeco.sapo.pt ·
- CTT to sell majority stake in the Bankexpresso.pt ·
- CTT begins process to sell controlling stake in Banco CTTrtp.pt ·
- CTT to sell controlling stake in Banco CTTobservador.pt ·
- Portugal's CTT Decides Start Process To Sell Controlling Stake In Banco CTTTradingView ·
