Novo Banco SA, a Portuguese lender that’s majority-owned by Lone Star, said its planned initial public offering could take place in the second quarter or in the third quarter of this year. “If ...

LISBON, Jan 31 (Reuters) - 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 via an initial public offering, rather than seek ...

LISBON - U.S. private equity firm Lone Star is considering a sale as well as an initial public offering of Novo Banco, Portugal's fourth-largest bank, three sources with knowledge of the matter said, ...

Portuguese police searched the offices of Novo Banco and KPMG as part of a corruption investigation. The investigation focuses on suspected corruption, fraud, and money laundering related to the sale ...

LISBON (Reuters) -U.S. private equity fund Lone Star has decided to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that would value Portugal's fourth-largest lender at around ...

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, ...

Groupe BPCE has entered a deal to acquire Portuguese lender Novo Banco, valuing the business at €6.4bn ($7.4bn). The deal will see the French bank purchasing a 75% stake in Novo Banco from Lone Star.

Portuguese police searched the premises of Novo Banco, the country's fourth-largest bank, as well as the local unit of auditing firm KPMG on Wednesday as part of an investigation into suspected ...

Protesters demand payback of investments at Novo Banco’s bank office in Lisbon in early September The cancellation of the Novo Banco auction in September has raised fresh doubts over the financial ...

Portuguese police are investigating more than 20 people over a Novo Banco SA real estate deal, according to people familiar with the matter, the second such probe involving the lender this year.

Novo Banco is getting ready to list on Lisbon’s stock exchange next month despite the unsteadiness in global markets fueled by trade war concerns. The Portuguese lender, which has been preparing for ...