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Sabadell in talks to buy assets from BMN

Source: Reuters - Tue 13th Nov 2012
Sabadell in talks to buy assets from BMN

Spain's Banco Sabadell said it has initiated talks to buy assets in the northern regions of Catalonia and Aragon from Banco Mare Nostrum (BMN).

In a statement, Sabadell said any deal depends on price and conditions.

BMN was created by the merger of Caja Murcia, Caja Granada, Caixa Penedes and Sa Nostra.