News

On Friday, Lone Star agreed to sell its 75% stake in the country’s fourth-largest lender, Novo Banco SA, to the French banking group BPCE SA in what would be the biggest euro area cross-border ...
Shares of banks and other financial institutions fell sharply as an Israeli attack on Iran threw many investors' assumptions into doubt. The Federal Reserve's policy decision next week could be ...
The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in European banking. Lawyers, Auditors to Cough Up Fees After Financial ...
France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake ...
Novo Banco’s majority shareholder, Nani Holdings, a unit of private equity firm Lone Star Funds, is selling its 75% stake, in ...
Lone Star and the French banking group BPCE agreed on the sale of Novo Banco, for €6.4 billion for 100% of the share capital.
Lone Star Funds owns 75% of Novo Banco, with the Portuguese government holding a 25% stake through various entities.
French banking group BPCE has agreed to buy US private equity fund Lone Star's 75% stake in Novo Banco in a deal that values ...
French lender Groupe BPCE is to take over Portugal's fourth-largest bank Novo Banco for an estimated €4.8bn, snapping up the remaining 75% it doesn't already own.
The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in ...