## French BPCE to Acquire Majority Stake in Novo Banco for €6.4 Billion
The French banking group BPCE has been confirmed as the buyer of a 75% stake in Novo Banco, Portugal‘s fourth-largest bank, for approximately €6.4 billion [[1]],
Priya Shah – Business Editor
Priya Shah is a financial journalist and Business Editor at World Today News. She specializes in global markets, innovation, and economic trends, making complex business stories accessible to all readers. Priya’s reporting background spans top financial publications and startup hubs worldwide.
