#Latest news with #bankacquisitionsBloomberg2 days agoBusinessBloombergBanking's Mediterranean Deal Flurry Widens With Banco Novo SaleThe wave of bank acquisitions washing over Southern Europe has reached Portugal. On Friday, Lone Star agreed to sell its 75% stake in the country's fourth-largest lender, Novo Banco SA, to the French banking group BPCE SA in what would be the biggest euro area cross-border takeover in the sector in a decade.
Bloomberg2 days agoBusinessBloombergBanking's Mediterranean Deal Flurry Widens With Banco Novo SaleThe wave of bank acquisitions washing over Southern Europe has reached Portugal. On Friday, Lone Star agreed to sell its 75% stake in the country's fourth-largest lender, Novo Banco SA, to the French banking group BPCE SA in what would be the biggest euro area cross-border takeover in the sector in a decade.
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