Thu. Feb 20th, 2020

Unicaja Banco maintains its stake in Caser and enters almost 47 million

Unicaja Banco has decided to maintain its 9.9% stake in Caser and has signed a distribution agreement with Helveltia, the new majority shareholder of this insurer, which will allow it to enter almost 47 million euros. Exactly, thanks to that agreement for which will continue to sell Caser insurance at the offices of Unicaja Bank, the financial institution will enter exactly 46.87 million euros, has detailed to the National Securities Market Commission (CNMV) .In addition, after the agreement by which Helveltia will buy 70% of Caser for about 780 million euros, Unicaja Banco adjusts the value of the participation that it will keep considering that price. The operation may have a positive impact on capital estimated at 35 basis points, adds Unicaja Banco, which has fallen 1.52% on Friday on the stock market

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