M&A

Banking

Finance Minister Confirms Novo Banco Closes With BPCE on 30 April — Final Price Tops €6.4 Billion as State and Resolution Fund Cash Out Above the Original €1.6 Billion Target

Finance Minister Miranda Sarmento confirmed on 23 April that BPCE's takeover of Novo Banco closes next week — General Assembly 29 April, share transfer 30 April. Price moves above the €6.4bn signed in June 2025; Lone Star exits with more than €4.8bn against its 2017 €1bn injection.

23 April 2026

Cegid Bills €85 Million in Portugal in Its First Full Year After Buying PHC — Lyon-Based Group's Iberian Bet Now Anchors a 700-Person Lisbon Operation Targeting 10% Growth in 2026

Finance Minister Confirms Novo Banco Closes With BPCE on 30 April — Final Price Tops €6.4 Billion as State and Resolution Fund Cash Out Above the Original €1.6 Billion Target

Bankinter CEO Gloria Ortiz Rules Out Bid for Banco CTT — Spanish Group Prefers 'Organic Growth' and Targets Montepio and Crédito Agrícola on Business Volume