International Companies

IAG, Iberdrola prepare for Bankia sale of corporate stakes

Date: Monday 25 Jun 2012

Nationalised Spanish bank Bankia and its holding company Banco Financiero y de Ahorros (BFA) may be preparing to sell all of its corporate shareholdings of publicly-listed companies, except for Mapfre, El Mundo reports today.

The troubled banking group would raise up to €1.6bn after selling 5.4% of Iberdrola,...

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