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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BlackRock Income Trust Inc | NYSE:BKT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.03 | -0.25% | 11.75 | 11.80 | 11.73 | 11.80 | 59,497 | 19:58:04 |
From Feb 2020 to Feb 2025
Spanish bank Bankinter SA (BKT.MC) intends to raise new capital to finance the purchase of the remainder of its insurance business Linea Directa, chairman Pedro Guerrero said Thursday.
Bankinter last week said it would buy Royal Bank of Scotland Group PLC's (RBS) 50% stake in the Spanish car and motorcycle insurer for EUR426 million.
"This transaction will consume capital," Guerrero told shareholders during the lender's Annual General Meeting Thursday. Considering the advantages of the deal, "I believe the appeal to the market will be very small and well received," Guerrero added.
Terms of the cash call will be determined at a later date, he added. Linea Directa had a 2008 pretax profit of EUR100 million.
Company Web site: www.bankinter.com
-By Christopher Bjork, Dow Jones Newswires, +34 91 395 81 23, christopher.bjork@dowjones.com
1 Year BlackRock Income Chart |
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