KKR (KKR) has formed an exclusive partnership with Itaú Unibanco's (ITUB) asset management unit to expand private market investment opportunities for investors in Brazil, KKR said in a statement.

In the latest of a series of cross-border merger dramas, France’s BPCE is acquiring a 75% stake in Portugal’s Novo Banco from US private equity firm Lone Star.

French banking group BPCE has agreed to buy US private equity fund Lone Star's 75% stake in Novo Banco in a deal that values Portugal's fourth-largest bank at €6.4 billion, following a wave of ...

US private equity firm Lone Star owns a 75 per cent stake in Novo Banco, while Portugal’s government holds 25 per cent through entities including the country’s Resolution Fund.

LISBON/PARIS (Reuters) -France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE ...

Bridgepoint bets on Finzzle in wealth management boom; AI’s growing footprint in private equity; Lone Star to sell Novo Banco in deal valuing bank at €6.4bn Lisbon-based Novobanco is the 4th ...

Novo Banco’s majority shareholder, Nani Holdings, a unit of private equity firm Lone Star Funds, is selling its 75% stake, in a deal that would value the Portuguese bank at €6.4 billion, Lone ...

LISBON (Reuters) -U.S. private equity fund Lone Star has decided to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that would value Portugal's fourth-largest lender at around ...

US private equity firm Lone Star owns a 75% stake in Novo Banco, while Portugal’s government holds 25% through entities including the country’s Resolution Fund.

Investing.com -- The shareholders of Novo Banco SA, a Portuguese bank, have approved measures that could lead to an initial public offering (IPO) of the bank valued at €1 billion, Bloomberg reports.

The Portuguese government retains 25% of Novo Banco, while private equity group Lone Star has held a 75% stake since 2017.