bnb ups stake in brisa

While the share price has been sliding BNB has been making news in Europe.

The Portuguese financial press has been reporting that they have recently increased their Stake in BRISA to the maximum allowed under Portuguese law of 20%.

One of the reports is claiming this may be to prevent a takeover from a Spanish rival...I reckon they may be in for a quick buck instead!:)

Reports here :

http://diariodigital.sapo.pt/dinheiro_digital/news.asp?section_id=30&id_news=104123 (in portuguese)

and here:

http://www.jornaldenegocios.pt/index.php?template=SHOWNEWS&id=330758 (in portuguese)