Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which bought its stake in Novo Banco in 2017, is now offloading it.

Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which bought its stake in Novo Banco in 2017, is now offloading it.View on euronew ...

Lone Star has agreed to sell its shares in novobanco to BPCE for a cash consideration payable at closing which values 100% of the share capital at an estimated €6.4 billion as of end 2025.

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

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 ...

Novo Banco, Portugal’s fourth-biggest lender, posted its first profit in 2021 and its net interest income climbed as central banks raised interest rates. It previously had to shed assets and ...

Eight years after Portugal agreed to sell the remnants of what was once the country’s largest lender to Lone Star Funds, plans by the US investor to sell Novo Banco are reviving deep-seated ...

Novo Banco’s core Tier-1 (CET1) capital ratio stood at 20.8% at the end of 2024, more than double the central bank’s minimum requirement, but the medium-term target is now between 13% and 13.5 ...

Portuguese state-owned bank Caixa Geral de Depositos SA is analyzing the possible acquisition of Novo Banco SA, a smaller lender that’s preparing an initial public offering.

NOVO BANCO S.A. (XS1031115014) - All master data, key figures and real-time diagram.