Alphavalue / Divacons | US fund Lone Star, which owns 75% of Novo Banco, formally received takeover offers from both Caixabank and French banking group BPCE.

Link Securities | Caixabank (CABK) is considering a takeover bid for Portuguese bank Novo Banco. There are other interested entities, such as the French group BPCE and the Portuguese Caixa Geral de ...

Spain’s government is set to impose additional conditions on BBVA SA’s planned takeover of Banco Sabadell SA, La Vanguardia ...

The Dallas-based private equity firm has been working with Citi and Jefferies on a yet unlaunched sale process.

The purchase of Novo Banco by BPCE marks the French group’s entry into retail banking in Portugal, where it already operates in consumer credit and investment banking through Banco Primus, Oney and ...

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

BPCE’s €6.4bn acquisition of Portuguese lender Novo Banco is that rare case: a bank tie-up that pleases almost everyone.

BPCE’s planned acquisition of Novo Banco is “a very important sign of international investors’ confidence in our country,” the Portuguese government said in a statement on Friday.

Business Business French lender BPCE to buy Portugal's Novo Banco in major merger deal The logo of the Novo Banco bank is lit on the roof of one of their buildings in Lisbon. 3 September 2020.

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).