Portugal says Novo Banco IPO likely to be for stake of up to 30%
U.S. private equity firm Lone Star has told the Portuguese government that it is likely to sell a 25-30% stake in Novo Banco ...
Portugal's central bank chief positive on Novo Banco IPO, urges caution on M&A
Novo Banco's planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor ...
Bloomberg L.P.27d
Portugal Probes Ex-Novo Banco Official’s Large Cash Bank Deposit
Police in Portugal are investigating the origin of large amounts of cash deposited in Portuguese banks by individuals linked to Novo Banco SA’s ex-chief risk officer Carlos Brandao, according to ...
Bloomberg L.P.24d
Lone Star Said to Line Up Advisers for Potential Novo Banco Exit
Lone Star Funds is selecting advisers to explore a possible sale or initial public offering of Portuguese lender Novo Banco SA, according to people familiar with the matter. The private equity ...
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Novo Banco owners to receive $1.34 billion when bank makes first dividend payment
LISBON (Reuters) - U.S. private equity fund Lone Star and Portuguese authorities are set to share 1.3 billion euros ($1.34 billion) when Novo Banco makes its first dividend payout in the coming ...
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Portugal’s central bank chief positive on Novo Banco IPO, urges caution on M
LISBON, Feb 5 (Reuters) - Novo Banco's planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor Mario Centeno said on Wednesday, but he ...