Novo Banco sale to Lone Star on a final round

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Page created: Tuesday, 21 February 2017 9:40 GMT

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Bank of Portugal  Lone Star  Novo Banco  Portuguese Central Bank

Tuesday, 21 February 2017 8:51

LISBON—Portugal’s central bank said Monday that U.S. fund Lone Star has entered into a concluding round of negotiations to buy Novo Banco SA.    ...

Tuesday, 21 February 2017 8:50

  Feb 20 The Bank of Portugal will hold a final round of exclusive negotiations with U.S. private equity firm Lone Star as it seeks to flesh out the terms of the potential sale of state-rescued lender Novo Banco, the centr...