Liberbank and Unicaja break the negotiations on their merger

Unicaja and Liberbank have broken negotiations about their merger in order to create what would have been the sixth entity in Spain for assets. The fight that has been undone by the distribution of power has spoiled the operation, which began a few months ago.
"It is reported that no agreement has been reached regarding the eventual distribution of shares in the new entity, which is why the board of directors of Liberbank has unanimously decided to terminate the contacts," he informed This bank in the National Securities Market Commission (CNMV).

. (tToTranslate) economy (t) unemployment (t) financial crisis (t) cash (t) Bank of Spain (t) ECB (t) IMF (t) stock exchange (t) Ibex (t)

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