(. Ampl) CaixaBank not rule out the sale of its stake in … – Yahoo Finance Spain

MADRID, 10 (EUROPA PRESS)

President of CaixaBank (Other OTC: CAIXY – News), Isidro Faine, does not rule out selling the Catalan club paticipación 11.7% in Repsol to Criteria, while weighing on the stock exchange placement of ‘holding’ industrial holdings group.

“We could decide to sell the stake in Repsol” said Faine in an interview with the Financial Times, where such participation qualifies as a “solid and liquid asset that provides income and diversification”, although stresses that “not strategic” for the group.

The possible IPO of Criteria, which groups the industrial holdings of the entity, except Repsol and Telefónica, Faine said he has always had the idea of ​​putting the ‘holding’ of holdings in the stock market.

“This is a project I have in mind, but will depend on the final decision of the board,” he said.

Officials Group La Caixa have told Europa Press that arise CaixaBank pass a package of Repsol Criteria and in the future, make the ‘holding’ a bag.

CaixaBank is the main shareholder of Repsol, with a share of 11.7%, with Sacyr (London: 0OFU.L – news), which holds a presence of 8.9%, and the bottom sovereign of Singapore (Temasek), with 6%.

Asked about the possibility of new operations after buying Banco Valencia, Spanish Banca Civica or network Barclays (LSE: BARC.L – news), Faine not rule out further acquisitions. “I’m like a cat waiting at the door of the trap, everything is posibile” he says.

Finally, the president of CaixaBank believes the Spanish financial market will be simplified as with other sectors. “There are now fourteen banks and I think it will be six or seven,” says

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