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Image header Agence Europe
Europe Daily Bulletin No. 11032
Contents Publication in full By article 30 / 31
BUSINESS NEWS NO 95 / (ae) privatisation

Privatisation on the cards again for Spanish Bankia bank. Privatisation of the fourth biggest bank in Spain, Bankia, has now begun. Two years after its nationalisation and cash injection of around €20 billion from the public coffers, the bank put 7.5% of its capital on sale last week, which brings the state's share down to 61%. Share prices were €1.51, better than the price initially set out at €1.45. The demand was twice as high as the supply. (IL)

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EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
BUSINESS NEWS NO 95