With antitrust concerns assuaged, bank shareholders, not protectionist bureaucrats, should decide takeover battle ...

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 ...

Stocks tumbled on Friday (June 13) after Israel launched a wave of airstrikes on Iran, pushing energy prices higher and ...

Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which ...

France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake ...

Novo Banco’s majority shareholder, Nani Holdings, a unit of private equity firm Lone Star Funds, is selling its 75% stake, in ...

Lone Star and the French banking group BPCE agreed on the sale of Novo Banco, for €6.4 billion for 100% of the share capital.

Enity, the Swedish specialist mortgage lender and Sentia, the Norwegian construction company, both had successful listings on Friday. After volatile early trading on Nasdaq Stockholm, Enity’s shares ...

BPCE, the Paris-based mutual, is buying Novo Banco for 6.4 bln euros. The valuation looks reasonable, and Lisbon seems on ...

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Lone Star Funds owns 75% of Novo Banco, with the Portuguese government holding a 25% stake through various entities.