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 ...

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

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 ...

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 ...

Novo Banco SA said it’s “optimistic” on its shareholders reaching an agreement that would allow the Portuguese lender to pay dividends, a step that’s needed before a possible initial ...

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 ...