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BPCE Group to acquire Portugal and #39;s Novo Banco
France and #39;s BPCE Group has agreed to acquire Portugal and #39;s fourth-largest bank Novo Banco, including the 75% stake held by U.S. private equity fund Lone Star, in a deal valued at 6.4 billion euros ($7.4 billion), the parties said on Friday, as cited by Reuters.
France and #39;s BPCE Group has agreed to acquire Portugal and #39;s fourth-largest bank Novo Banco, including the 75% stake held by U.S. private equity fund Lone Star, in a deal valued at 6.4 billion euros ($7.4 billion), the parties said on Friday, as cited by Reuters.
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