Caixabank Seeks to Takeover Bankia

Posted on 09/18/2020


Caixabank is valuing Spanish state-owned Banking at 4.3 billion euros. Caixabank is seeking to acquire Bankia in an all-share transaction to create the largest domestic bank that would have 664 billion euros in assets. The agreement consists of an exchange ratio of 0.6845 new Caixabank ordinary shares for every Bankia share and includes a 20% […]

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