novo banco - Search News

News

BPCE, Novo Banco and Portugal

French Lender Groupe BPCE to Buy Portugal’s Novo Banco for $7.4 Billion

The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in European banking.

Reuters on MSN · 1d

France's BPCE agrees deal to buy Portugal's Novo Banco for $7.4 billion

France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE and Lone Star said on Friday.

GlobalData on MSN · 1d

BPCE reportedly in talks to acquire Novo Banco

Lone Star Funds owns 75% of Novo Banco, with the Portuguese government holding a 25% stake through various entities.

12d

Novo Banco Shareholders to Vote on Steps for €1 Billion IPO

Novo Banco SA shareholders will meet on Wednesday to vote on steps needed for a possible initial public offering of the ...

14h

Banking’s Mediterranean Deal Flurry Widens With Banco Novo Sale

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 ...

The Banker6d

BPCE, CaixaBank bid for Novo Banco as IPO decision nears; Switzerland proposes $26bn capital increase for UBS

The Swiss government on Friday announced plans to tighten capital requirements for UBS, proposing that the bank hold up to $26bn in additional core capital following its state-backed rescue of Credit ...

The Corner4d

Caixabank formally offers to buy Novo Banco, despite Portuguese government’s ‘displeasure’

US fund Lone Star, which owns 75% of Novo Banco, formally received takeover offers from both Caixabank and French banking ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results