MADRID—Spain has raised €1.3 billion ($1.78 billion) from the sale of a 7.5% stake in Bankia SA, marking a first step in the government’s attempt to recover the money it poured into the lender at the heart of the country’s 2012 banking crisis.
The Spanish government sold its 7.5% stake to institutional investors at a price of €1.51 per share, a…
Follow this link: Spain Moves to Recover Bankia Money
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