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CaixaBank SA To Offer 482.64 Million Shares Of Grupo Financiero Inbursa SAB de CV-Reuters


Monday, 24 Jun 2013 08:16pm EDT 

Reuters reported that CaixaBank SA plans to offer up to 482.64 million shares of Grupo Financiero Inbursa SAB de CV (Inbursa) to global investors but will not reveal pricing until June 25, 2013. The offering, announced earlier in June 2013, is part of a move to shed assets and shore up capital at the Company. CaixaBank SA already sold a 3.7% stake in Inbursa to Inmobiliaria Carso SA de CV. CaixaBank SA said it planned to sell another 6.4% in tranches for Mexican and international investors, leaving it with a stake of 9.0% to 9.9% and raising just over EUR 1 billion in total. 

Company Quote

4.38
0.109 +2.55%
4:19am EDT