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

Santander's Portuguese bank is not interested in buying Novo Banco, its CEO Pedro Castro Almeida said on Friday, as its strategy will be to focus on organic growth. Santander's Portugal CEO rules ...

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

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 ...

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

O Novo Banco realizou esta terça-feira uma emissão de obrigações cobertas de 500 milhões de euros, com maturidade a cinco anos, adiantou, num comunicado à Comissão do Mercado de Valores ...

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 ...

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 ...

(Bloomberg) -- 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.