The move marks a significant step as governments across Europe move to unload their crisis-era bailout positions.

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

Attempts to merge European banks are becoming more common. Most recent deals, though, will require a major stakeholder to be ...

Pensioners tend to face greater financial difficulty in Eastern Europe, while poverty rates are generally lower in Nordic and ...

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 ...

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 ...

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 ...