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Private equity 's deal in Spain -- cajas
| Private equity 's deal in SpainThis website is known as the financial times which brings you the latest UK and International business, finance, economic and political news and also along with comments and analysis by Financial times.~~ This week clinching of private equity groups of two deals is being seen in Spain; shedding light on the growing pressure on saving banks or to shed non-core assets.This deal involves the sale and the leaseback of 97 branches.The reasons being margin pressure,rising bad loan rates and capital adequacy reforms.Buying opportunities would arise as the banks sharpened their focus on core business.Link: FT.com / Companies / Banks - Cajas look to divest real |
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