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Rejected Bidder Tries To Halt Novo Banco Sale To Lone Star

By Alex Davis (April 21, 2017, 6:31 PM BST) -- London-based Aethel Partners LLP, an investment adviser and arranger which failed in its attempt to buy Portuguese state-owned Novo Banco, is looking to file an application in the Portuguese courts as part of an attempt to halt the government's sale of the bank to private equity outfit Lone Star, the firm said on Friday....

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