CaixaBank and Bankia Boards of Directors approve merger plan to create Spain’s leading bank
September 18, 2020 • The Boards of Directors of both entities have approved the operation, to be executed as a merger by absorption of Bankia by CaixaBank, which must be approved at the General Shareholders’ Meetings. • The agreement consists of an exchange ratio of 0.6845 new CaixaBank ordinary shares for every Bankia share and …