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LISBON (Reuters) -A minority centre-right government formally took power in Portugal on Wednesday after parliament threw out a motion by the small opposition Communist Party calling for rejection ...

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 and Lone Star said on ...

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Novo Banco was the “good” bank that Portugal’s central bank retrieved from the failing business of Banco Espírito Santo, a 140-year-old lender, in 2014.

Share or comment on this article: Inside the Lions camp: Andy Farrell goes to extreme lengths to protect his plans in Portugal as two Premier League stars are spotted Add comment ...

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 ...