Private equity firms eye Spain's Evo Banco

A consortium comprising US buyout house Centrebridge and UK firm Anacap are in negotiations to buy Evo Banco, a subsidiary of state-owned NCG Banco. Other bidders have also submitted binding offers, including another American buyout house.

If it goes ahead, the acquisition would mark the first time a foreign investor has bought into Spain's bailed-out banks.

Anacap is focused on investments in the financial sector across Europe.

Anacap and Centrebridge could not be reached for comment at this time. 

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• Topics
• Southern Europe
• Financials
• Spain
• AnaCap Financial Partners