Spain's NCG sells EVO unit to Apollo Management
MADRID, Sept 9
MADRID, Sept 9 (Reuters) - Spain's nationalised lender NCG Banco said on Monday it has agreed to sell its EVO Banco unit to United States private equity firm Apollo Management.
EVO Banco is a network of some 80 branches around Spain, outside the northern region where NCG Banco has its core operation. (Reporting by Tomas Cobos; Writing by Fiona Ortiz)