Reference:
20030042
Release date: 12 June 2003
Release date: 12 June 2003
Promoter – Financial Intermediary
WPA
30 Brattle Street
Cambridge
Massachusetts, 02138
USA
Location
Description
Equity participation in the establishment of an investment fund.
Objectives
The Fund would acquire control of commercial retail banks primarily in the course of privatisation, and restructure them for subsequent sale.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 30m
Environmental aspects
The Fund would select its investments with due regard to environmental factors in compliance with environmental standards, which would be acceptable to the Bank.
Status
Signed - 9/09/2003