Pressurised by the ECB, the FROB has announced that it considers a combination of Bankia and Banco Mare Nostrum (BMN), both controlled at 65%, as the best solution. In response, Bankia stated that it will perform its own analysis before envisaging submitting such a deal to its shareholders.
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BMN arranged marriage
- Published:
15 Mar 2017 -
Author:
David Grinsztajn -
Pages:
2
Pressurised by the ECB, the FROB has announced that it considers a combination of Bankia and Banco Mare Nostrum (BMN), both controlled at 65%, as the best solution. In response, Bankia stated that it will perform its own analysis before envisaging submitting such a deal to its shareholders.