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

Unicaja Banco buys FROB's stake in Banco CEISS

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


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.