Advisor to "la Caixa" on its banking reorganization
AZ Capital has advised “la Caixa” on the group’s reorganization of its banking business vía its transfer to Criteria, whereas Criteria transfered some of its industrial shares (Gas Natural Fenosa, Abertis, Aguas de Barcelona, Port Aventura and Mediterránea Beach & Golf) and newly issued shares of Criteria.
Financial holdings, insurance business and the rest of the industrial shares (Telefónica and Repsol) were located in the new CaixaBank with a book value of €20,600 MM. After the execution of the reorganization, Criteria changed its name to CaixaBank.
Sector: Financial Institutions and Servicesgo to sector