France's Groupe BPCE Bidding for Portuguese Lender Novo Banco, Bloomberg Says, Citing Sources

Dow Jones

Jun 11, 2025

--French bank Groupe BPCE is the lead bidder to buy Portugal's Novo Banco, which is majority owned by Dallas-based Lone Star Funds, Bloomberg reports, citing unnamed sources.

--Groupe BPCE and Spain's CaixaBank have both put forward bids for the Portuguese lender, Bloomberg reports.

--Lone Star is also considering a potential IPO for Novo Banco but hasn't yet chosen which path to take, though a decision could be made as soon as the coming days, Bloomberg reports.

--Novo Banco, Groupe BPCE, CaixaBank and Lone Star declined to comment.

Full story: https://shorturl.at/o2Nes

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

June 11, 2025 09:49 ET (13:49 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BKESY","symbol_name":"Banco Espirto Santo E","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2542580983","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542580983","pubTimestamp":1749649740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--French bank Groupe BPCE is the lead bidder to buy Portugal's Novo Banco, which is majority owned by Dallas-based Lone Star Funds, Bloomberg reports, citing unnamed sources.--Novo Banco, Groupe BPCE, CaixaBank and Lone Star declined to comment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BKESY":"Banco Espirto Santo E","CAIXY":"Caixabank SA","BK4207":"综合性银行"},"translate_title":"彭博社援引消息人士称，法国Groupe BPCE正在竞购葡萄牙银行Novo Banco","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAIXY":0.9,"BKESY":0.9},"content_text":"--French bank Groupe BPCE is the lead bidder to buy Portugal's Novo Banco, which is majority owned by Dallas-based Lone Star Funds, Bloomberg reports, citing unnamed sources. \n\n\n  --Groupe BPCE and Spain's CaixaBank have both put forward bids for the Portuguese lender, Bloomberg reports. \n\n\n  --Lone Star is also considering a potential IPO for Novo Banco but hasn't yet chosen which path to take, though a decision could be made as soon as the coming days, Bloomberg reports. \n\n\n  --Novo Banco, Groupe BPCE, CaixaBank and Lone Star declined to comment. \n\n\n \n\n\n  Full story: https://shorturl.at/o2Nes \n\n\n \n\n\n  Write to Elena Vardon at elena.vardon@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 11, 2025 09:49 ET (13:49 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}