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Novo Banco, Groupe BPCE and Portugal

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.

· 1d · on MSN

France's BPCE agrees deal to buy Portugal's Novo Banco for $7.4 billion

· 1d

France’s BPCE to buy Portugal’s Novo Banco in €6.4bn deal

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 ...

U.S. News & World Report2d

Lone Star Agrees to Sell Portugal's Novo Banco to French BPCE for $7.39 Billion

LISBON (Reuters) -U.S. private equity fund Lone Star has agreed to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that evaluates Portugal's fourth-largest lender at 6.4 ...

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Novo Banco, Groupe BPCE and Portugal

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