UPDATE 1-Caixabank sells 9.92% stake in Erste Group for 1.5 bln euros - NewsBreak
By Frank in Business
Updated 3 years ago
BARCELONA, Nov 5 (Reuters) - Spain's Caixabank said on Thursday it has sold its entire 9.92% stake in Austrian lender Erste Group Bank for 1.503 billion euros ($1.74 billion). The sale implies a gross positive impact of 54 million euros in its profit and loss account, and a rise of...