LISBON (Reuters) -Novo Banco, Portugal's fourth-largest lender, reported a record net profit of 744.6 million euros ($804 million) on Thursday, ahead of a planned initial public offering, and said it ...

Novo Banco SA, a Portuguese lender that’s majority-owned by Lone Star, said its planned initial public offering could take place in the second quarter or in the third quarter of this year. “If ...

LISBON, June 4 (Reuters) - Shareholders of Portugal's Novo Banco on Wednesday approved key changes to its bylaws that would allow the lender to go ahead with a public listing, according to three ...

Portuguese lender Novo Banco SA is “well advanced” in drafting a prospectus for a possible initial public offering, which it aims to carry out in June at the earliest, Chief Executive Officer Mark ...

LISBON (Reuters) -U.S. private equity fund Lone Star has decided to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that would value Portugal's fourth-largest lender at around ...

In the latest of a series of cross-border merger dramas, France’s BPCE is acquiring a 75% stake in Portugal’s Novo Banco from US private equity firm Lone Star. The offer values the lender at €6.4bn, ...

--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 ...

Portuguese police searched the offices of Novo Banco and KPMG as part of a corruption investigation. The investigation focuses on suspected corruption, fraud, and money laundering related to the sale ...

Novo Banco is getting ready to list on Lisbon’s stock exchange next month despite the unsteadiness in global markets fueled by trade war concerns. The Portuguese lender, which has been preparing for ...