Bailed-out Spanish lender Bankia has sold a 12 percent equity stake in Mapfre, the country's biggest insurer, raising about EUR1bn and reducing its holding in the company to just 3 percent.
Bailed-out Spanish lender Bankia has sold a 12 percent equity stake in Mapfre, the country's biggest insurer, raising about EUR1bn and reducing its holding in the company to just 3 percent.