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News

Novo Banco, Groupe BPCE and Portugal

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 · 3d · on MSN
French Lender Groupe BPCE to Buy Portugal’s Novo Banco for $7.4 Billion
Groupe BPCE agreed to buy Portuguese lender Novo Banco from its majority owner Lone Star for 6.4 billion euros ($7.41 billion) in the latest cross-border deal in European banking.The French retail bank on Friday said it signed a memorandum of understanding to buy the 75% stake held in the group by Dallas-based private equity group Lone Star in cash.

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 · 3d · on MSN
France's BPCE agrees deal to buy Portugal's Novo Banco for $7.4 billion
 · 3d
France’s BPCE to buy Portugal’s Novo Banco in €6.4bn deal
The Portugal News3d
Lone Star to sell Novo Banco
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.
7d
Irish-led Novo Banco said to get multiple bids
Novo Banco, the Portuguese bank lead by former AIB chief financial officer Mark Bourke, has attracted two bids from French ...
RTÉ Ireland3d
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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