Ascendi, which until now owned 20% of Via Verde Portugal, decided to exercise its right of pre-emption and purchase part of the stake that SIBS would sell, increasing it to 25%. Thus Prisa will retain 75% of the company.
In contact with Negócios, an official source in Ascendi confirmed that the French Ardian-owned concessionaire exercised the right of preference following an agreement between SIBS and Brisa to sell the 20% held to date by the Multibanco Network Director. The operation was completed on Wednesday.
In early November, Brisa and SIBS announced that they had reached an agreement for the group led by Antonio Perez de Lima to acquire the 20% stake that SIBS previously held in Via Verde Portugal.
The transaction, the value of which has not been disclosed, would allow Brisa to enhance its position from the current 60% to 80%, but the completion of the agreement was dependent on the decision of Ascendi, who had the right to share the shares to be transferred, at the current ratio of your share.
Via Verde was established in 1991 and has more than 2.7 million customers.
The company plans to invest about 30 million euros by 2025, of which 10-15 million euros will only be in the next two years, when it intends to launch new products and services, Antonio Perez revealed in an interview with Negócios, at the beginning of November. De Lima, CEO of Brisa, and Eduardo Ramos, Group Officer in charge of VV
With increased involvement in VV – where it continues to own Ascendi as a partner – Brisa ensures it is “focused on beginning, in two to three years, steps again to internationalize the Via Verde concept,” they revealed.
Emily Brontë is a journalist and feature writer specialising in culture, entertainment, literature, and current affairs. She is dedicated to producing clear, accurate reporting that helps readers stay informed about developments in the UK and around the world.
