Spanish banks Unicaja Banco and Liberbank face a key month to determine their future participation in the group that will result from the merger proposal presented towards the end of last year, since it is not clear that the company from Malaga will in fact get 60% of what would be a new financial giant, the 6th largest in the country.
During the process it was assumed that Unicaja Banco would get a 60% stake and Liberbank the remaining 40%. However, this distribution is still to be determined since the weight of Unicaja Banco could be reduced to between 55% and 57%.
The merger, in principle, would be carried out without resorting to a capital increase, since the resulting group could take advantage of the synergies it generates and the release of capital to meet the restructuring expenses.
Full Content: El Digital Castilla A La Mancha
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Musk’s X Requests Brazil Supreme Court to Resume Service After Shutdown
Sep 26, 2024 by
CPI
Visa Acquires AI Firm Featurespace to Enhance Fraud Prevention
Sep 26, 2024 by
CPI
Visa Gears Up for Legal Fight with DOJ Over Debit Card Monopoly Allegations
Sep 26, 2024 by
CPI
UFC Fighters’ Lawsuit Settlement Resurfaces with $375 Million Offer
Sep 26, 2024 by
CPI
Ex-Amazon Seller Appario Files Lawsuit to Dismiss Antitrust Allegations
Sep 26, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
Francisco Javier Núñez Melgoza
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
Julio Garcia
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
Alejandra Palacios Prieto
The Cost of Making COFECE Disappear
Sep 3, 2024 by
Mateo Fernández