Business French Bank Sold to BPCE for $6.4 Billion – Italy Avoids Concentration by Priya Shah โ Business Editor June 13, 2025 written by Priya Shah โ Business Editor ## French BPCE to Acquire Majority Stake in Novo Banco for โฌ6.4 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 โฌ6.4 billion [[1]], June 13, 2025 0 comments 0 FacebookTwitterPinterestEmail