- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
Spain's bank restructuring fund FROB said on Monday it had received six binding offers for 88.33% of NCG Banco, a state-rescued lender from the northern region of Galicia.
FROB owns the majority of the bank and the rest of the NCG's capital is in the hands of minority shareholders, including some former investors in preference shares who turned in their securities for shares during its bailout.
The FROB said it would study the offers in the coming hours. If the highest bid does not surpass the second best offer by €200 Mln, and by 50%, the FROB said it would launch a second bidding phase.
Be the first to comment on this Story !!