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Home>Banco BPI tells shareholders to reject Caixabank bid

Banco BPI tells shareholders to reject Caixabank bid

3party Content

Fri, 6 Mar 2015

By Patricia Kowsmann Says Spanish lender's offer undervalues the company LISBON -- Banco BPI SA's board shot down a 1.09 billion-euro ($1.21 billion) takeover offer from its largest shareholder, Spain's Caixabank SA, saying it undervalues the company. Caixabank (CAIXY) offered in February to buy
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