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Provider: Reuters Investment Profile
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Bankia SA To Sell FINANMADRID E.F.C., S.A.U. To Subsidiary Of Apollo Global Management LLC

Friday, 22 Mar 2013 03:49am EDT 

Bankia SA announced that it has signed an agreement with Apollo European Principal Finance Fund II, a subsidiary of Apollo Global Management LLC, for the sale of FINANMADRID E.F.C., S.A.U. Total value of the transaction is EUR 1.6 million. The closing of the transaction is subject to the competition authorities and compliance with regulatory conditions that are applicable under legislation. 

Company Quote

0.048 +3.47%
6:38am EDT