Alphavalue / Divacons | US fund Lone Star, which owns 75% of Novo Banco, formally received takeover offers from both Caixabank and French banking group BPCE.

'We wanted to price it in India in a way which is comparable to the therapies that are available,' said Vikrant Shrotriya, Managing Director of Novo Nordisk India, in an interview with Moneycontrol.

Novo Nordisk announced this morning that it is ending its partnership with Hims & Hers, which allowed the telehealth provider to sell Novo's blockbuster weight-loss drug, Wegovy.

Banking’s Mediterranean Deal Flurry Widens With Banco Novo Sale The wave of bank acquisitions washing over Southern Europe has reached Portugal.

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 ...

Novo Banco, Portugal’s fourth-largest lender, will change ownership once the transaction is completed. According to BPCE, the deal is expected to be finalized during the first half of 2026.

French lender Groupe BPCE is to take over Portugal's fourth-largest bank Novo Banco for an estimated €4.8bn, snapping up the remaining 75% it doesn't already own.