Spanish banks Unicaja, CEISS call off planned merger for now
MADRID Dec 21 (Reuters) - Spanish banks Unicaja and CEISS said in a statement on Friday they had agreed to call off a planned merger for now.
Unicaja, in a separate statement, said it was confident the merger could go ahead after a new deal was found with CEISS.
Banking sources told Reuters on Thursday the operation was likely to succeed once CEISS, which received 604 million euros ($799.51 million) in European aid, had completed the clean-up of its balance sheet from toxic real estate assets.
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