Caixa Geral de Depósitos (CGD) sold its claims on the Vale do Lobo Group for 222.9 million euros to the investment fund of ECS Capital, confirmed the official source of the financial institution to Lusa.

"CGD confirms that on December 22, it sold its claims on the Vale do Lobo Group for € 222.9 million," he said.

Read more (in portuguese): CGD sells claims on Grupo Vale do Lobo for 223 million euros