Brussels, 27/03/2012 (Agence Europe) - On Tuesday 27 March, the European Commission approved the Banco Portugues de Negócios (BPN) restructuring plan. BPN was nationalised in November 2008 and benefitted from several aid measures. The restructuring plan includes the sale of BPN to Banco BIC Portugal. Following revisions made to the initial plan and the commitments submitted by Portugal, the Commission concluded that the restructuring and sale of BPN will create a viable entity while...