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France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE and Lone Star said on ...
Groupe BPCE agreed to buy Novo Banco from majority owner Lone Star in the latest cross-border European banking deal, which values the Portuguese lender at 6.4 billion euros ($7.41 billion).
French banking group BPCE is reportedly in exclusive negotiations to acquire Novo Banco, a Portuguese lender, from Lone Star Funds.
BPCE’s cash acquisition of Novo Banco would give the French bank a second significant retail market outside France, where it currently operates two major banking groups.
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 lender at around 7 billion ...
French banking group BPCE agreed to acquire Lone Star’s Novo Banco, the Portuguese lender led by former AIB chief financial officer (CFO) Mark Bourke, in a deal worth an estimated €6.4 billion ...
Lone Star has agreed to sell its stake in Novo Banco to BPCE, in a deal that values the bank at an estimated €6.4 billion. Novo Banco is Portugal’s fourth-largest bank, with headquarters in ...
Investing.com -- French banking group BPCE is in exclusive talks to acquire Portuguese lender Novo Banco SA from US private equity firm Lone Star Funds in a deal that could value the bank at nearly €7 ...
BPCE’s cash acquisition of Novo Banco would give the French bank a second significant retail market outside France, where it currently operates two major banking groups.
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