trending Market Intelligence /marketintelligence/en/news-insights/trending/ZjLD6hoHnWFSiowCKwPDKA2 content esgSubNav
In This List

Unicaja Banco buys FROB's stake in Banco CEISS

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Unicaja Banco buys FROB's stake in Banco CEISS

Unicaja Banco SA acquired all of the shares temporarily held by Spain's Fund for Orderly Bank Restructuring in Banco de Caja España de Inversiones, Salamanca y Soria SA for €36.7 million.

Specifically, Unicaja Banco bought 127,480,982 shares in Banco CEISS, representing a 12.5% stake in the bank now also known as EspañaDuero. Unicaja Banco proposed in late October to absorb its majority-owned unit through the exchange of 1 Unicaja Banco share for every 5 shares in EspañaDuero.