French lender BPCE to buy Portugal's Novo Banco in major merger deal The logo of the Novo Banco bank is lit on the roof of one of their buildings in Lisbon. 3 September 2020.

BPCE will support Novo Banco's aim to become a “leading” financial institution in Portugal, serving individuals, SMEs, and large corporates, Lone Star added.

Long-Term Commitment to Portugal and novobanco BPCE’s acquisition of novobanco underscores its full confidence in the Portuguese banking system and the resilience of its economy.

Q ENERGY France has secured significant funding to advance its renewable energy initiatives, with a total of €159m ($187m) ...

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 ...

French cooperative banking group BPCE to complete purchase of Portugal's fourth-largest bank in the first half of 2026 Lone Star Funds has agreed to sell novobanco to French banking institution BPCE ...

Despite the fine rhetoric at both an EU and member state level, there has been stiff practical opposition to bank deals (with some small exceptions such as last week’s purchase of Portugal’s ...

French banking group BPCE said Friday it has agreed to buy Portugal's Novo Banco for around 6.4 billion euros ($7.4 billion), calling it the biggest eurozone cross-border acquisition in over a decade.