Bankia raises €9.2m in secondaries sale

A European mid-market fund has acquired the assets via a competitive auction process, which attracted more than 40 institutional investors. 

Bankia filed a request with the National Securities Market Commission in
December last year, having appointed N+1 to find a buyer in July.

Portfolio companies span the health, energy, food, infrastructure, engineering, distribution, leisure, tourism and real-estate sectors, alongside investments held by Bankia in venture capital funds and private equity firms.

The sale is part of Bankia's strategic process taking place between the years 2012-15, which includes the disposal of non-core assets. 

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Southern Europe
• Secondaries
• Spain