News

Alphavalue / Divacons | US fund Lone Star, which owns 75% of Novo Banco, formally received takeover offers from both Caixabank and French banking group BPCE. In addition to the buyout offers, Lone ...
Danish pharmaceutical giant Novo Nordisk on Tuesday said it has followed “smart Indian pricing,” which is lower than prices in many countries, to make its blockbuster weight-loss drug Wegovy ...
PERTH, Western Australia, June 24, 2025 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) reports that all resolutions proposed to shareholders at ...
On Friday, Lone Star agreed to sell its 75% stake in the country’s fourth-largest lender, Novo Banco SA, to the French banking group BPCE SA in what would be the biggest euro area cross-border ...
US Stock Market Highlights: Stocks tumbled on Friday (June 13) after Israel launched a wave of airstrikes on Iran, pushing energy prices higher and adding another complication at a time of heightened ...
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.
In the latest of a series of cross-border merger dramas, France’s BPCE is acquiring a 75% stake in Portugal’s Novo Banco from US private equity firm Lone Star. The offer values the lender at €6.4bn, ...
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 ...
Lone Star will sell its majority stake in Portugal’s Novo Banco SA to French banking group BPCE, earning the private equity firm a huge windfall from the bet it made on the sector’s recovery almost a ...
Investing.com -- French banking group BPCE has agreed to purchase a 75% stake in Novo Banco from U.S. private equity fund Lone Star, in a deal valuing the Portuguese lender at €6.4 billion ($7.39 ...
Groupe BPCE agreed to buy Novo Banco from majority owner Lone Star in the latest cross-border European banking deal, which values the Portuguese lender at 6.4 billion euros ($7.41 billion).