
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Caixabank (PK) | USOTC:CAIXY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.60 | 2.45 | 2.65 | 0.00 | 11:29:31 |
By Olivia Bugault
CaixaBank SA said Friday that it has sold its entire 9.92% stake in Austria's Erste Group Bank AG for 1.5 billion euros ($1.73 billion).
The Spanish bank said the disposal will have a positive gross profit and loss impact of EUR54 million, while its common equity Tier 1 ratio--a measure of capital strength--will increase by 16 basis points.
The company said a 5.42% stake was sold at EUR38 a share via a share placing, while the other 4.5%, roughly 19.3 million Erste Group shares, was offloaded through the settlement of equity swaps.
CaixaBank said last month that it was considering the sale of its full stake in the Austrian lender.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
November 05, 2021 02:40 ET (06:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Caixabank (PK) Chart |
1 Month Caixabank (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions