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BPCE, Portugal and Novo Banco

France's BPCE agrees deal to buy Portugal's Novo Banco for $7.4 billion

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 Friday.

The Wall Street Journal on MSN · 1d

French Lender Groupe BPCE to Buy Portugal’s Novo Banco for $7.4 Billion

The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in European banking.

Financial Times · 1d

France’s BPCE to buy Portugal’s Novo Banco in €6.4bn deal

French bank BPCE has acquired a majority stake in Portuguese lender Novo Banco in a deal that values the business at €6.4bn and brings a chapter of Portugal’s recovery from the Eurozone crisis to a close.

U.S. News & World Report2d

Lone Star to Sell Portugal's Novo Banco to French BPCE, Report Says

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 ...

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 ...

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BPCE, Portugal and Novo Banco

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