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Novo Banco, Groupe BPCE and Portugal

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.

· 3d · on MSN

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

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BPCE reportedly in talks to acquire Novo Banco

16h

European bank M&A is hard, but sometimes stars align

Attempts to merge European banks are becoming more common. Most recent deals, though, will require a major stakeholder to be dragged kicking and screaming — be it the target, a national government, or ...

3don MSN

Lone Star agrees to sell Portugal's Novo Banco to France's BPCE for $7.4 billion

LISBON (Reuters) -French banking group BPCE has agreed to buy U.S. private equity fund Lone Star's 75% stake in Novo Banco in ...

The Corner5d

Caixabank formally offers to buy Novo Banco, despite Portuguese government’s ‘displeasure’

US fund Lone Star, which owns 75% of Novo Banco, formally received takeover offers from both Caixabank and French banking ...

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