Portugal's Novo Banco readies for one of Europe's biggest IPOs this year
Portugal's Novo Banco has begun preparations for an initial public offering (IPO) that could be one of the largest this year, and taps into an upsurge in enthusiasm for listings as indexes hover near ...
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Novo Banco Owners to Receive $1.34 Billion When Bank Makes First Dividend Payment
Novo Banco was created in 2014, carved out of the collapsed Portuguese bank BES after a multi-billion-euro state bailout. Since 2017 Novo Banco has been 75% owned by U.S. private equity Lone Star ...
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Portugal’s central bank chief positive on Novo Banco IPO, urges caution on M
LISBON, Feb 5 (Reuters) - Novo Banco's planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor Mario Centeno said on Wednesday, but he ...