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BRIEF-Dexia signs agreement for 40 pct stake sale in Popular Banca Privada
January 7, 2014 / 4:57 PM / 4 years ago

BRIEF-Dexia signs agreement for 40 pct stake sale in Popular Banca Privada

BRUSSELS, Jan 7 (Reuters) - Dexia SA : * Share purchase agreement for the sale of its 40% stake in Popular Banca Privada with Banco Popular EspañOl * Popular Banca Privada provides private banking services in Spain * Transaction includes 100% of Dexia SA’s shares in Popular Banca Privada * Transaction will be realized for firm price of 49,2 million euros * In signing this SPA, Dexia completes sale process set out in revised orderly resolution plan approved by EC

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