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News

Novo Banco, Groupe BPCE and Portugal

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 · 18h · on MSN
French Lender Groupe BPCE to Buy Portugal’s Novo Banco for $7.4 Billion
Groupe BPCE agreed to buy Portuguese lender Novo Banco from its majority owner Lone Star for 6.4 billion euros ($7.41 billion) in the latest cross-border deal in European banking.The French retail bank on Friday said it signed a memorandum of understanding to buy the 75% stake held in the group by Dallas-based private equity group Lone Star in cash.

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 · 13h · on MSN
France's BPCE agrees deal to buy Portugal's Novo Banco for $7.4 billion
RTÉ Ireland · 17h
Lone Star agrees to sell Portugal's Novo Banco to France's BPCE for €6.4 billion
21h
Bpce: BPCE signs a Memorandum of Understanding to acquire novobanco, Portugal’s fourth-largest bank
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 ...
Reuters1d
Lone Star to sell Portugal's Novo Banco to French BPCE, report says
LISBON, June 12 (Reuters) - 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 that would value Portugal's fourth-largest ...

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