The investments of the businesswoman in Portugal include positions in the telecommunications operator NOS, in the bank EuroBIC, in Efacec and in Galp, in addition to real estate investments that Isabel dos Santos will have in the country in a personal capacity.
In the case of NOS, it all started on December 20, 2009, when Isabel dos Santos, through Kento Holding Limited, took 10 percent of ZON Multimédia. In May 2012, Unitel International Holdings B.V. acquired 19.24 percent of the operator, within the scope of movements that had as a scenario a possible merger with Optimus, of the Sonae group.
In December 2012, Sonaecom and Isabel dos Santos made public the merger operation, which would give rise to NOS, an operator controlled by ZOPT, of which the Angolan businesswoman and the Portuguese group led by Cláudia Azevedo are shareholders.
Then, on November 9, 2014, the businesswoman unsuccessfully tried to control PT SGPS, now Pharol, when it launched a Public Tender Offer (OPA), through Terra Peregrin, on the totality of shares for 1.21 thousand millions of euros.
In banking, the businesswoman, who became the second largest shareholder of BPI, with a position of 18.58 percent, through her personal holding company Santoro Finance, is now the largest shareholder in EuroBic, with 42.5 percent. percent of the capital, after having bought a part of the position that was owned by businessman Américo Amorim.
At EuroBic, which is chaired by former Finance Minister Fernando Teixeira dos Santos, Santoro Financial Holding SGPS holds 25 percent and FiniSantoro Holding Limited 17.5 percent, according to data available on the bank's website.
Portuguese businessman Américo Amorim, who died in 2017, was, between 2005 and 2010, the great business partner of the eldest daughter of former Angolan President José Eduardo dos Santos, both in the financial and oil fields.
The oil company Sonangol holds an indirect stake in Galp through Amorim Energia. This is because the oil company controls Esperaza Holding, a company that, together with the Amorim group, owns Amorim Energia, which owns 33.34 percent of Galp Energia.
Amorim Energia's shareholders are Power, Oil & Gas (35 percent), Amorim Investimentos Energéticos (20 percent) and Esperaza Holding BV (45 percent). In turn, Esperaza is 60 percent owned by Sonangol and 40 percent by Isabel dos Santos.
The most recent acquisition of the businesswoman in Portugal was Efacec, an industrial company from which in October 2015 it controlled 65 percent of the capital, the rest being in the hands of the José de Mello group and Têxtil Manuel Gonçalves.
It was through Winterfell Industries that the businesswoman acquired the majority of the capital of Efacec Power Solutions, with Mário Leite da Silva - one of those targeted at “Luanda Leaks” and Isabel dos Santos' “right hand” - chairing the Board of Directors.
Efacec Power Solutions operates in the areas of engineering, energy and mobility.
