Portugal's central bank chief positive on Novo Banco IPO, urges caution on M&A
Novo Banco's planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor ...
Portuguese banking fund seeks best price for 13.54% stake in Novo Banco
Portugal's banking resolution fund aims to sell its 13.54% stake in Novo Banco at the best possible price to maximise ...
Portugal says Novo Banco IPO likely to be for stake of up to 30%
U.S. private equity firm Lone Star has told the Portuguese government that it is likely to sell a 25-30% stake in Novo Banco ...
Portugal’s Novo Banco to launch IPO amid bank consolidation speculation
The future of Portugal’s Novo Banco is taking a clearer shape as US private equity firm Lone Star signals its intention to ...
Yahoo Finance27d
Novo Banco owners to receive $1.34 billion when bank makes first dividend payment
LISBON (Reuters) - U.S. private equity fund Lone Star and Portuguese authorities are set to share 1.3 billion euros ($1.34 billion) when Novo Banco makes its first dividend payout in the coming ...
Bloomberg L.P.28d
Portugal Probes Ex-Novo Banco Official’s Large Cash Bank Deposit
Police in Portugal are investigating the origin of large amounts of cash deposited in Portuguese banks by individuals linked to Novo Banco SA’s ex-chief risk officer Carlos Brandao, according to ...
Bloomberg L.P.26d
Lone Star Said to Line Up Advisers for Potential Novo Banco Exit
Lone Star Funds is selecting advisers to explore a possible sale or initial public offering of Portuguese lender Novo Banco SA, according to people familiar with the matter. The private equity ...
Mint6d
Portugal’s central bank chief positive on Novo Banco IPO, urges caution on M
LISBON, Feb 5 (Reuters) - Novo Banco's planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor Mario Centeno said on Wednesday, but he ...