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

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

LISBON (Reuters) -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 that would value Portugal's fourth-largest lender at ...

French banking group BPCE agreed to acquire Lone Star’s Novo Banco, the Portuguese lender led by former AIB chief financial officer (CFO) Mark Bourke, in a deal worth an estimated €6.4 billion ...

BPCE is a European banking institution Lone Star acquired 75% of Novo Banco in 2017 Lone Star has agreed to sell its stake in Novo Banco to BPCE, in a deal that values the bank at an estimated € ...

French banking group BPCE is reportedly in exclusive negotiations to acquire Novo Banco, a Portuguese lender, from Lone Star Funds. The deal, if materialised, could value Novo Banco approximately ...

French banking group BPCE has emerged as the leading bidder to acquire Portuguese lender Novo Banco SA from Lone Star Funds, people with knowledge of the matter said.. BPCE has pulled ahead of its ...

Investing.com -- French banking group BPCE is in exclusive talks to acquire Portuguese lender Novo Banco SA from US private equity firm Lone Star Funds in a deal that could value the bank at nearly €7 ...

LISBON/PARIS (Reuters) -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 ...

Groupe BPCE agreed to buy Novo Banco from majority owner Lone Star in the latest cross-border European banking deal, which values the Portuguese lender at 6.4 billion euros ($7.41 billion).

LISBON/PARIS (Reuters) -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 ...