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Bankia SA Closes Sale Of 38.48% Stake In Banco Inversis SA To Banca March SA


Tuesday, 5 Nov 2013 02:27pm EST 

Bankia SA announced that it has completed the sale of the shares it held in Banco Inversis SA, representing approximately 38.48% stake, to Banca March SA. The proceeds of the sale came to around EUR 87 million, generating a net gain of some EUR 48 million for the Company. The sale was completed once all the regulatory and supervisory requirements were met. 

Company Quote

1.488
0.0070 +0.47%
11:35am EDT