Lone Star Funds' bet on a struggling Portuguese bank nearly a decade ago is about to pay off handsomely, with a ...

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

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

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.

Lone Star has agreed to sell its shares in novobanco to BPCE for a cash consideration payable at closing which values 100% of the share capital at an estimated €6.4 billion as of end 2025.

French banking group BPCE has emerged as the leading bidder to acquire Portuguese lender Novo Banco SA from Lone Star Funds, ...

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

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

à. r.l., an affiliate of Lone Star Funds (“Lone Star”), today announced that it has signed a Memorandum of Understanding for the sale of Novo Banco, S.A. (“novobanco” or “the bank ...