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News

Novo Banco, Groupe BPCE and Portugal

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 · 2h
BPCE seals $7.4bn deal to acquire Portugal’s Novo Banco
The deal is expected to be completed in the first half of 2026, following consultations with employee representative bodies.

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 · 3d · on MSN
France's BPCE agrees deal to buy Portugal's Novo Banco for $7.4 billion
 · 3d · on MSN
French Lender Groupe BPCE to Buy Portugal’s Novo Banco for $7.4 Billion
5h
European bank M&A is hard, but sometimes stars align
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 ...
The Corner
5d
Caixabank formally offers to buy Novo Banco, despite Portuguese government’s ‘displeasure’
US fund Lone Star, which owns 75% of Novo Banco, formally received takeover offers from both Caixabank and French banking ...

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