French banking group BPCE has emerged as the leading bidder to acquire Portuguese lender Novo Banco SA from Lone Star Funds, ...

Lone Star Funds owns 75% of Novo Banco, with the Portuguese government holding a 25% stake through various entities.

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 ...

A high-profile asset management merger involving Italy’s largest insurer, Assicurazioni Generali SpA, has intensified an ...

Spain’s Banco Bilbao Vizcaya Argentaria SA is running short of office space in the UK for its growing corporate and ...

France's BPCE agrees deal to buy Portugal's Novo Banco for $7.4 billion France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake ...