Credit Agricole says to exit Spain's Bankinter

PARIS, Sept 3 Tue Sep 3, 2013 12:26pm EDT

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PARIS, Sept 3 (Reuters) - French bank Credit Agricole said it had begun the sale of its remaining 7.6 percent stake in Spain's Bankinter.

The sale will be conducted via a private placement with institutional investors, Credit Agricole said on Tuesday. (Reporting by Lionel Laurent; Editing by Blaise Robinson)