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 spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which bought its stake in Novo Banco in 2017, is now offloading it.View on euronew ...

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 ...

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 ...

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).

Simply sign up to the European banks myFT Digest -- delivered directly to your inbox. French bank BPCE has acquired a majority stake in Portuguese lender Novo Banco in a deal that values the ...

Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which bought its stake in Novo Banco in 2017, is now offloading it.

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

In the latest of a series of cross-border merger dramas, France’s BPCE is acquiring a 75% stake in Portugal’s Novo Banco from US private equity firm Lone Star. The offer values the lender at €6.4bn, ...

Company News Published 06/12/2025, 05:42 PM 0 BPCE nears €7 billion acquisition of Portugal’s Novo Banco - Bloomberg BCP -0.03% ...