PREMIUM
CARLOS SEGOVIA
MARIA HERNÁNDEZ
Madrid
Updated Sunday, 13 September 2020 - 22:42
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Banking.
CaixaBank and Bankia prepare an imminent merger
Banking.
Competition will look closely at the 'superbank' that will control a third of the pension business
The Fund for Orderly Bank Restructuring (Frob), made up of government officials, the Bank of Spain and the CNMV, calls for an improvement in the valuation of Bankia for its merger with CaixaBank and talks have been delayed. Sources of the negotiation assure EL WORLD that the
Frob claims a 30% premium over the valuation that Bankia had
before the announcement of the negotiations, which represents a considerable increase in the eyes of CaixaBank.
But the Frob considers it fair to v
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