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

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

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 ...

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

The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in ...

LISBON (Reuters) -French banking group BPCE has agreed to buy U.S. private equity fund Lone Star's 75% stake in Novo Banco in ...

Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which ...

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 to a ...

Lone Star and the French banking group BPCE agreed on the sale of Novo Banco, for €6.4 billion for 100% of the share capital.

French banking group BPCE has agreed to buy US private equity fund Lone Star's 75% stake in Novo Banco in a deal that values ...

Attempts to merge European banks are becoming more common. Most recent deals, though, will require a major stakeholder to be dragged kicking and screaming — be it the target, a national government, or ...