December 29, 2021
Spanish insurance firm Mapfre has sold Bankia’s insurance platform to CaixaBank for 571 million euros ($645 million), although the sides noted that an ongoing arbitration process could increase the price, according to a Reuters report Wednesday (Dec. 29). CaixaBank, which took over Bankia in March, is paying 324 million euros ($367.7 million) for Mapfre’s 51% […]
