IPO

Novobanco is working with consultants to have everything ready for a stock market floatation or IPO (Initial Public Offer) for the second half of this month. That, of course, provided its main [...]

If Spain’s CaixaBank snaps up Novobanco and merges it with BPI, it would make the latter the largest clearing bank in Portugal with assets of €83.5Bn, overtaking Millennium bcp which in 2024 had [...]

That’s according to the US ratings agency Standard & Poors that forecasts the floatation of the decade could double the value of the largest transaction so far over the past five years. “The [...]

The volatility in the market caused by US tariffs at the start of April has not dissuaded Novobanco shareholders and directors from pressing ahead with a planned Initial Public Offering (IPO) for [...]

Portuguese bank Novobanco, which was planning to float the bank’s capital on the Euronext Lisbon stock market in May, has been advised by analysts to put off the Initial Public Offering (IPO) [...]

The Governor of the Bank of Portugal (BoP), Mário Centeno, is in favour of the dispersal of Novobanco’s capital on the Euronext Lisbon stock exchange. Novobanco is preparing an IPO (Initial [...]

The President of Euronext Lisbon believes that Novobanco has an “interesting” level of liquidity making it eminently suitable for an IPO. Isabel Ucha says she is optimistic about the possibility [...]

It seems it is decided. Novobanco is now not likely to be sold or merged with another bank, either national or international. Instead, Lone Star, the US asset management fund that is the bank’s [...]

Portuguese renewables company Greenvolt has increased a syndicated loan to finance the company in preparation for an Initial Public Offer (IPO) from €350 million to €400 million euros. The [...]

Once problematic European banks, like Portugal’s Novobanco that suffered during the great financial crisis 10 years ago, are now in a prime position for IPOs and sell-offs according to the [...]