Morning all, Irien Joseph here with the Europe edition of the Wire from the London newsroom. We begin with wealth management, as Bridgepoint’s Bertrand Demesse tells PE Hub why the sector is ...
LISBON (Reuters) -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 ...
LISBON/PARIS (Reuters) -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 ...
Portuguese lender Novo Banco SA is “well advanced” in drafting a prospectus for a possible initial public offering, which it aims to carry out in June at the earliest, Chief Executive Officer Mark ...
LISBON, May 22 (Reuters) - Portugal is concerned about over-dependence on Spain in its banking sector and views an acquisition of its fourth-largest lender Novo Banco by a Spanish bank as contrary to ...
A range of law firms are advising on a multi-billion-euro agreement by France’s second-biggest banking group BPCE to acquire a majority stake in Portuguese lender Novo Banco.
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 ...
Portuguese police are investigating more than 20 people over a Novo Banco SA real estate deal, according to people familiar with the matter, the second such probe involving the lender this year.
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