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France's BPCE To Buy Novo Banco In €6.4B Deal

By Najiyya Budaly ( June 13, 2025, 11:56 AM BST) -- France's second-largest banking group BPCE said Friday that it will buy U.S. private equity shop Lone Star Fund's 75% stake in Novo Banco SA in a deal that values the Portuguese bank at €6.4 billion ($7.4 billion)....

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