May 12, 2021

The financial entities Liberbank and Unicaja negotiate a merger

The financial entities Liberbank and Unicaja negotiate a merger


"Unicaja Banco communicates that it regularly analyzes potential investment opportunities or corporate transactions that may be of interest to all its shareholders, confirming preliminary contacts with Liberbank, with knowledge of the board of directors, and no decision has been taken in this regard. by Unicaja Banco ", explained the entity to the National Securities Market Commission (CNMV).

According to has advanced ' ExpansionUnicaja has signed the Italian investment bank Mediobanca to study a merger with Liberbank, according to several financial sources. Deutsche Bank would be advising the old Asturian box.

The integration would result in the sixth entity by assets in Spain, with almost 96,000 million euros, above Bankinter. The combined entity would control 4% of the market share.

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