Metrovacesa to Banco Santander for 98.9 million euros, resulting in net gains of
13 million.
The stake was sold through a competitive bidding process that started last July. Bankia was advised by Credit Suisse.
This divestment is in compliance with the undertakings given in Bankia's 2012-
2015 Strategic Plan, one of the main goals of which was the disposal of equity investments.
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