CaixaBank agrees the sale of its stake in Repsol
(WorldNews Spain)

CaixaBank and `la Caixa` o In line with the objectives of the current Strategic Plan, CaixaBank will initiate a sale process of its stake in Repsol that will be completed, on the one hand, through the early settlement of the two existing equity swaps representing 4.61% of the CaixaBank stake in Repsol and, on the other hand, through a disposal programme for the remaining 4.75% position. o The proprietary directors of CaixaBank on the Board of Directors of Repsol, Jordi Gual, Chairman of CaixaBank, and Gonzalo Gortázar, Chief Executive Officer,...