CMS advises Fundacion Bancaria Unicaja on IPO of Unicaja Banco
CMS Albiñana & Suárez de Lezo advised Fundacion Bancaria Unicaja on the initial public offering (IPO) of its subsidiary Unicaja Banco.
The offering rasied around €688 million for Unicaja Banco.
Malaga-based Unicaja priced the sale of 40.3 per cent of its equity at €1.10 euros per share. The stock began trading on 30 June.
The transaction gives Unicaja a market value of €1.7 billion.