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Bankia starts selling 12% of Mapfre

The demand from Brussels to Bankia to dispose of its portfolio of industrial holdings has no exceptions. The bank announced the sale of one of its most emblematic shares, the insurer Mapfre.

Bankia put on the market 12.2% stake in Mapfre, that market price has buy gold guild wars 2 a value of 1,017.5 million euros. The transaction will be a matter of hours and after that, Bankia retain 2.99% stake in the company headed by Antonio Huertas.

The revenue from the sale of 12% of Mapfre, with a market value of 1,017 million euros, in addition to the more than 2,200 million achieved in 2013 with the sale of shares. Bankia has earned revenues of EUR 1.475 million this year, from the sale of Indra and IAG. Even plans to raise 765 million euros from the sale of the Florida City National Bank, Bankia Inversis and Habitat, according to the entity in a presentation to investors. In addition, negotiated the sale of its Bankia Bolsa.

Mapfre addition, major stakes in companies are retaining Iberdrola (5.14%), Realia (27.65%), NH Hoteles (12.6%) and Deoleo (18.2 percent).

Bankia The portfolio is completed with the participation in guildwars2 gold non-industrial, financial and other sectors composed of about 70 companies and focused on infrastructure, safe, renewable energy, tourism and leisure, health, capital and risk.

The main units of Bankia are: Globalvía (50%), Renewable Samca (33.3%), Mecalux (20%), Inversis (38.5%) and Bank and Health (38.5 percent).

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