CaixaBank, S.A. (CABK.MC)
- Bloomberg
CaixaBank Explores Sale of $1.2 Billion in Soured Loans
(Bloomberg) -- CaixaBank SA is exploring the sale of €1.1 billion ($1.2 billion) in non-performing loans as it seeks to improve its asset quality.Most Read from BloombergHamas Says It Accepts Proposal for Gaza Cease-Fire With IsraelTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Was Repaid From Personal AccountS&P 500 Keeps Momentum Going With Winning Run: Markets WrapThe Spanish lender
- Reuters
Spanish holding company Criteria raises stake in Telefonica to 5%
Spanish holding vehicle Criteria, the main shareholder in Caixabank, announced on Monday it had raised its stake in Spanish telecoms company Telefonica to 5.007% from a previously reported 2.69%. Criteria did not say how much it paid, but a 5% stake in Telefonica has a current market value of slightly more than 1.14 billion euros ($1.24 billion). Criteria said its stake in Telefonica was of a "strategic and long-term nature" and its objective was to provide the company with the "greatest shareholder stability."
- Insider Monkey
15 Biggest Spanish Companies
In this article, we will discuss the 15 biggest Spanish companies. If you want to skip our analysis, you can proceed to the section highlighting the 5 Biggest Spanish Companies. Economy of Spain According to a report by the European Commission, the Spanish economy is projected to grow at 2.5% in 2023, 1.7% in 2024, […]
