LISBON (Reuters) - U.S. private equity firm Lone Star has told the Portuguese government that it is likely to sell a 25-30% stake in Novo Banco via an initial public offering, rather than seek a full ...
The future of Portugal’s Novo Banco is taking a clearer shape as US private equity firm Lone Star signals its intention to ...
LISBON (Reuters) -Novo Banco, Portugal's fourth-largest lender, reported a record net profit of 744.6 million euros ($804 million) on Thursday, ahead of a planned initial public offering, and said it ...
Franceses do BPCE pagaram 6.400 milhões de euros, com o fundo norte-americano Lone Star a encaixar 4.800 milhões ...
Protesters demand payback of investments at Novo Banco’s bank office in Lisbon in early September The cancellation of the Novo Banco auction in September has raised fresh doubts over the financial ...
LISBON, May 6 (Reuters) - Portugal's fourth-largest lender Novo Banco, which is preparing for an initial public offering, said on Tuesday its first-quarter net profit fell 1.9% to 177.2 million euros ...
LISBON, Feb 13 (Reuters) - Portugal's Novo Banco has begun preparations for an initial public offering (IPO) that could be one of the largest in Europe this year, tapping into a surge in enthusiasm ...
A Comissão Europeia deu luz verde à venda do Novo Banco ao grupo francês BPCE. Era um passo fundamental para a conclusão da ...
In the latest of a series of cross-border merger dramas, France’s BPCE is acquiring a 75% stake in Portugal’s Novo Banco from US private equity firm Lone Star. The offer values the lender at €6.4bn, ...
The acquisition is expected to close in the first half of 2026 BPCE is a European banking institution Lone Star acquired 75% of Novo Banco in 2017 Lone Star has agreed to sell its stake in Novo Banco ...
Novo Banco is getting ready to list on Lisbon’s stock exchange next month despite the unsteadiness in global markets fueled by trade war concerns. The Portuguese lender, which has been preparing for ...
Novo Banco SA, a Portuguese lender that’s majority-owned by Lone Star, said its planned initial public offering could take place in the second quarter or in the third quarter of this year. “If ...