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  • 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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