Joao Lima
Lisbon Bureau Chief at Bloomberg News
Bloomberg @business Lisbon Bureau Chief - opinions my own, retweets aren't endorsements.
Articles
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2 weeks ago |
bloomberg.com | Joao Lima |Henrique Almeida
A Novo Banco SA bank branch in Lisbon. (Bloomberg) -- Lone Star will sell its majority stake in Portugal’s Novo Banco SA to French banking group BPCE, earning the private equity firm a huge windfall from the bet it made on the sector’s recovery almost a decade ago. The transaction values Novo Banco at around €6.4 billion ($7.4 billion), according to a statement Friday.
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2 weeks ago |
bloomberg.com | Swetha Gopinath |Pamela Barbaglia |Joao Lima |Jan-Henrik Förster
A Novo Banco SA bank branch in Lisbon(Bloomberg) -- Lone Star Funds has decided to pursue a sale of Portuguese lender Novo Banco SA and has entered into exclusive discussions with French banking group BPCE, according to people familiar with the matter. The US private equity firm and BPCE are working on finalizing terms of a deal, which could value Novo Banco at almost €7 billion ($8.1 billion), the people said.
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2 weeks ago |
irishtimes.com | Swetha Gopinath |Jorge Zuloaga |Joao Lima
Novo Banco, the Portuguese bank lead by former AIB chief financial officer Mark Bourke, has attracted two bids from French banking group BPCE and CaixaBank of Spain, according to people familiar with the matter. Lone Star, the US private equity giant which owns Novo Banco, could sell the lender outright but is also evaluating whether to offload shares through an initial public offering, said the people, who asked not to be identified as the discussions are private.
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2 weeks ago |
bloomberg.com | Swetha Gopinath |Jorge Zuloaga |Joao Lima
A Novo Banco SA bank branch in Lisbon. (Bloomberg) -- Lone Star’s Portuguese lender Novo Banco SA attracted two bids from French banking group BPCE and CaixaBank SA of Spain, according to people familiar with the matter. Besides a sale by Lone Star to one of the two suitors, the alternative of selling Novo Banco shares through an initial public offering continues to be evaluated, said the people, who asked not to be identified as the discussions are private.
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3 weeks ago |
ultimosegundo.ig.com.br | Joao Lima
A Praia do Cassino é um dos principais balneários do Rio Grande do Sul. Seus 254 km de areia branca e fina formam a maior praia contínua da América do Sul e foi reconhecida em 1994 pelo Guinness Book , o livro dos recordes, como a maior praia do mundo. A faixa de areia, que em alguns pontos apresenta 200 metros de largura, vai dos Molhes da Barra, uma zona de quebra-mar no município gaúcho de Rio Grande, até o Chuí, na fronteira com o Uruguai.
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RT @business: French banking group BPCE agrees to acquire Lone Star’s Novo Banco in a deal valuing the Portuguese lender at an estimated €6…
RT @business: French banking group BPCE has emerged as the leading bidder to acquire Portuguese lender Novo Banco from Lone Star Funds http…
RT @business: Lone Star’s Portuguese lender Novo Banco SA attracted two bids from French banking group BPCE and CaixaBank SA of Spain, acco…