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KM Financial Solutions | Bankia sells toxic assets portfolio with 3-bln-euro gross value to Lone Star
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Bankia sells toxic assets portfolio with 3-bln-euro gross value to Lone Star

16 Dec Bankia sells toxic assets portfolio with 3-bln-euro gross value to Lone Star

Posted at 09:55h in News by
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Spain’s state-held lender Bankia
said on Monday it had sold a portfolio of toxic assets
with a gross value of 3.1 billion euros ($3.5 billion) to two
subsidiaries of U.S. private equity firm Lone Star, confirming a
Reuters report on Friday.

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