The deal is expected to be completed in the first half of 2026, following consultations with employee representative bodies.

U.S. private equity fund Lone Star has decided to sell its 75% stake in Novo Banco to French banking group BPCE in a deal ...

France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake ...

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.

Novo Banco, Portugal’s fourth-largest lender, will change ownership once the transaction is completed. According to BPCE, the deal is expected to be finalized during the first half of 2026. This ...

Lone Star Funds' bet on a struggling Portuguese bank nearly a decade ago is about to pay off handsomely, with a ...

BPCE nears €7 billion acquisition of Portugal’s Novo Banco - Bloomberg View all comments (0) 0 Latest comments Post Comment Guidelines Trade With A Regulated Broker Indices Commodities Bonds Stocks ...

LISBON (Reuters) -French banking group BPCE has agreed to buy U.S. private equity fund Lone Star's 75% stake in Novo Banco in ...

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 ...

U.S. private equity fund Lone Star has agreed to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that ...