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 ...

Portugal’s central bank and Lone Star reached an agreement in December that will allow Novo Banco to pay dividends, a necessary step before an IPO. Novo Banco has said it may pay a dividend of ...

(Bloomberg) -- Portuguese state-owned bank Caixa Geral de Depositos SA is analyzing the possible acquisition of Novo Banco SA, a smaller lender that’s preparing an initial public offering.

Bank of America Securities analyst Sachin Jain maintained a Buy rating on Novo Nordisk (0QIU – Research Report) today and set a price target of DKK1,075.00. The company’s shares closed ...