Lone Star has told Novo Banco SA to begin the initial public offering of shares in the Portuguese lender.

Novo Banco SA, a Portuguese lender that’s majority-owned by US private equity firm Lone Star, has selected banks to arrange ...

Novo Banco's planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor ...

US private equity firm Lone Star has indicated to the Portuguese government its plans to sell a 25-30% stake in Novo Banco ...

Portugal's banking resolution fund aims to sell its 13.54% stake in Novo Banco at the best possible price to maximise ...

Portugal's Novo Banco has begun preparations for an initial public offering (IPO) that could be one of the largest in Europe this year, tapping into a surge in enthusiasm for listings as indexes hover ...

LISBON, Jan 31 (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 ...

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 ...

In June, CEO of state-owned Caixa Geral de Depositos, Paulo Macedo, said his bank, Portugal's largest, was considering "all the hypotheses" to buy another lender to preserve its market leadership in ...

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 full ...