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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 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 ...
Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which ...
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.
Enity, the Swedish specialist mortgage lender and Sentia, the Norwegian construction company, both had successful listings on Friday. After volatile early trading on Nasdaq Stockholm, Enity’s shares ...
BPCE, the Paris-based mutual, is buying Novo Banco for 6.4 bln euros. The valuation looks reasonable, and Lisbon seems on ...
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 ...
Lone Star Funds has agreed to sell Portugal's fourth largest bank, Novo Banco, to European banking business BPCE in a deal ...
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