Sabadell closes Solvia’s sale for €241M

Sabadell closes Solvia’s sale for €241M

 

With this transaction, Solvia’s capital stock increased to 300 million euro, mentions the financial institution in a release sent to the Comisión Nacional del Mercado de Valores. And it may increase even further, «to a maximum of 40 million euro if the expected conditions related to the evolution of some of Solvia’s lines of business are met. The operation generated capital gains of 138 million euro», mentions the same document.

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