International Companies

Groupe BPCE to take over Portuguese lender Novo Banco

By Benjamin Chiou

Date: Friday 13 Jun 2025

(Sharecast News) - French lender Groupe BPCE is to take over Portugal's fourth-largest bank Novo Banco for an estimated €4.8bn, snapping up the remaining 75% it doesn't already own.
Groupe BPCE, the second-largest lender in France, has signed a memorandum of understanding for the acquisition of a 75% equity interest from...

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