Credit Agricole says to exit Spain's Bankinter

PARIS Tue Sep 3, 2013 12:30pm EDT

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PARIS (Reuters) - French bank Credit Agricole (CAGR.PA) said it had begun the sale of its remaining 7.6 percent stake in Spain's Bankinter (BKT.MC).

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)

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