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

17 Dec 2018

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.

Read full article at Reuters