CaixaBank sells out stake in Erste Group Bank for €1.5bn
CaixaBank said that it has divested its stake of 9.92% in Erste Group Bank, an Austria-based retail banking company, for a sum of €1.5 billion. The Spanish banking group sold its interest through a physical settlement of the equity swaps, representing around 19.3 million shares of Erste Group Bank, which is a stake of 4.5%. […]