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Portugal is concerned about over-dependence on Spain in its banking sector and views an acquisition of its fourth-largest ...
Portugal's Novo Banco sticks to IPO plan despite market volatility Portugal's fourth-largest lender Novo Banco plans to go ahead with an initial public offering (IPO) possibly in June or September ...
Novo Banco SA, a Portuguese bank that’s majority-owned by US private equity firm Lone Star, has said it’s preparing for a possible initial public offering. Bloomberg News reported on May 9 that ...
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 ...
Lone Star Funds is planning to return $3.5 billion to its investors in the coming weeks, according to people familiar with the matter, at a time when private equity firms face pressure to deliver cash ...
LISBON (Reuters) - 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 via an initial public offering, rather than seek a ...
Novo Banco SA, a Portuguese lender that’s majority-owned by Lone Star, said it’s continuing to prepare for a possible initial public offering, with no exact timing set yet for a sale. The bank ...
The request, frozen by the Portuguese bank Novo Banco, covers more than 30 million syringes; 6 million vaccines against measles, mumps, and rubella; 5.5 million diphtheria and tetanus vaccines ...
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 ...
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 ...
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