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Banking’s Mediterranean Deal Flurry Widens With Banco Novo Sale
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 ...
Irish-led Novo Banco said to get multiple bids
Novo Banco, the Portuguese bank lead by former AIB chief financial officer Mark Bourke, has attracted two bids from French ...
RTÉ Ireland1d
Lone Star agrees to sell Portugal's Novo Banco to France's BPCE for €6.4 billion
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 ...