The Dutch government trimmed its stake in lender ABN Amro to below one-third, following in the footsteps of European states ...

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 ...

The lender was getting ready to list in Lisbon next month despite the unsteadiness in global markets and could be valued up ...

Portugal's fourth-largest lender Novo Banco, which is preparing for an initial public offering (IPO), said on Tuesday its first-quarter net profit fell 1.9% to 177.2 million euros ($200.48 million) ...

But Lone Star, which owns 75%, is also considering a full sale of Novo Banco, with Spain’s CaixaBank SA among potential suitors, Bloomberg has reported. Have a confidential tip for our reporters ...

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 ...

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 ...

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 ...

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 ...