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 ...

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 ...

BPCE will support Novo Banco's aim to become a “leading” financial institution in Portugal, serving individuals, SMEs, and large corporates, Lone Star added.

BPCE, lasting engagement in Portugal, focused on financing the economy . BPCE currently employs over 3,000 staff in Portugal, a figure testifying to its lasting engagement with the country.

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 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 ...

BPCE nears €7 billion acquisition of Portugal’s Novo Banco - Bloomberg ...

Groupe BPCE, the second-largest bank in France 1 and the fourth-largest in Europe 2, has signed a Memorandum of Understanding for the acquisition of a 75% equity interest in novobanco from the private ...