The deal is expected to be completed in the first half of 2026, following consultations with employee representative bodies.

Attempts to merge European banks are becoming more common. Most recent deals, though, will require a major stakeholder to be dragged kicking and screaming — be it the target, a national government, or ...

Baku Energy Week, marking its 30th year, gathers global energy leaders to discuss Azerbaijan’s ambitious renewable targets, ...

Lone Star Funds announced Friday the sale of Portugal’s fourth-largest bank, novobanco, to France's BPCE in a transaction ...

French cooperative banking group BPCE to complete purchase of Portugal's fourth-largest bank in the first half of 2026 ...

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 ...

Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which ...

France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake ...

Novo Banco’s majority shareholder, Nani Holdings, a unit of private equity firm Lone Star Funds, is selling its 75% stake, in ...

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.

Enity, the Swedish specialist mortgage lender and Sentia, the Norwegian construction company, both had successful listings on Friday. After volatile early trading on Nasdaq Stockholm, Enity’s shares ...