Groupe BPCE has entered a deal to acquire Portuguese lender Novo Banco, valuing the business at €6.4bn ($7.4bn). The deal will see the French bank purchasing a 75% stake in Novo Banco from Lone ...

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Portugal’s government, which was a minority shareholder, may have preferred a listing too, in an ideal world, but the more likely alternative to BPCE’s bid would have been a takeover by Spain ...

Lone Star Funds has agreed to sell novobanco to French banking institution BPCE for €6.4bn (US$7.4bn), marking the end of an eight-year transformation programme that has repositioned Portugal's fourth ...

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 and Lone Star said on Friday.

French lender Groupe BPCE is to take over Portugal's fourth-largest bank Novo Banco for an estimated €4.8bn, snapping up the remaining 75% it doesn't already own.

BPCE signs a Memorandum of Understanding to acquire novobanco, Portugal's fourth-largest bank Paris, 06 13 2025 Groupe BPCE, the second-largest bank in France1 and the fourth-largest in Europe2, has ...

LISBON (Reuters) -French banking group BPCE has agreed to buy U.S. private equity fund Lone Star's 75% stake in Novo Banco in a deal that values Portugal's fourth-largest bank at 6.4 billion euros ($7 ...

By Sergio Goncalves and Mathieu Rosemain. 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 ...

BPCE signs a Memorandum of Understanding to acquire novobanco, Portugal’s fourth-largest bank Paris, 06 13 2025 Groupe BPCE, the second-largest bank in France1 and the fourth-largest in Europe2, has ...

French bank BPCE has acquired a majority stake in Portuguese lender Novo Banco in a deal that values the business at €6.4bn and brings a chapter of Portugal’s recovery from the Eurozone crisis ...