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

BPCE signs a Memorandum of Understanding to acquire novobanco, Portugal's fourth-largest bank ...

Groupe BPCE agreed to buy Novo Banco from majority owner Lone Star in the latest cross-border European banking deal, which values the Portuguese lender at 6.4 billion euros ($7.41 billion).

Groupe BPCE, the second-largest bank in France 1 and the fourth-largest in Europe 2, has signed a Memorandum of Understanding for the acquisition of a 75% equity interest in novobanco from the ...

--French bank Groupe BPCE is the lead bidder to buy Portugal's Novo Banco, which is majority owned by Dallas-based Lone Star Funds, Bloomberg reports, citing unnamed sources. --Groupe BPCE and Spain's ...

BPCE signs a Memorandum of Understanding to acquire novobanco, Portugal's fourth-largest bank Paris, 06 13 2025 Groupe BPCE, ...

The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in ...