HALISTER: CaixaBank Said to Plan EU1.4 Billion Stock Sale to Fund BPI Deal

CaixaBank Said to Plan EU1.4 Billion Stock Sale to Fund BPI Deal

(Bloomberg) -- Sale of shares equivalent to as much as 10% stake in the bank could be announced as early as Thursday, according to people familiar with the deliberations.
  • Timing of sale could still change depending on buyer appetite
  • Proceeds from sale to fund takeover of Portugal’s Banco BPI
NOTE: CaixaBank Raises BPI Takeover Bid as Offer Becomes Mandatory NSN ODVAK06K50XS
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
CABK SM (CaixaBank SA)

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