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- May : Possibly the worst month to catch a flight to Spain
- Travel Insurance : Can you afford to be without cover ?
- Donating in March and April 2012. How did we do?
- Further Adventures in ValenciSpanglish
- Discuss your IHT requirements with us in person
- Taking a Dog from Spain to the UK : A personal experience
- QROPS – HMRC Introduces changes that create havoc in the market place
- Does the UK Government want the Elderly to Emigrate ?
- Title Deeds Insurance now included for ALL Wincham clients
- QROPS – All Change From April 2012
- Spanish Wills will not protect you from Spanish IHT
- Currency Exchange : International Payments
- Germany Falls under the Investor Spot Light
- Liva & Laia : 15th November
- Despite the Euphoria One Must Remain Cautious
Spanish savings bank Caja de Ahorros del Mediterraneo (CAM) announced earlier today that it had sold their 5 percent stake in German tour operator TUI at 6.05 euros per share in a deal in which French bank BNP Paribas acted as bookrunner, for a capital gain of 27.7 million euros.
The accelerated sale proces placed 12.85 million shares in TUI, CAM said, without providing further detail.
The CAM Bank was seized by the Bank of Spain after failing the recent round of EU stress tests for the financial sector last summer and was subsequently purchased by Banco Sabadell in December of last year.
The purchase made Banco Sabadell the fifth largest lender in Spain (by value of assets), with an agreement that the Bank of Spain underwrit a guarantee to cover any potential financial losses as a result of exposing themselves to potentially problematic loans held by CAM.
- Spain struggles to meet regions' 36 bln euros debts
- Spain may forge one bank from failed lenders
- The World needs Castellon Airport : Fabra
- 200 officials invited to attend Paramount ceremony
- DGT to award extra points for careful drivers
- Nissan Invests €100 Million in Spain
- Spain raises €60 million in online gaming back-taxes
- Spain's banks in focus ahead of Bankia rescue plan
- Rajoy : "Spain says no to Bailout"
- Bloc Spokesman calls upon Generalitat to sell Castellon airport shares
- How and where to complain about my Bank in Spain
- Bank guarantees - when things go wrong
- Opening a Bank Account in Spain
- Bank Charges in Spain