December 13, 2016 / 7:37 AM / 7 months ago

BRIEF-Sabadell sells 4.08 pct stake in BCP for 1.15 euros/shr

1 Min Read

Dec 13 (Reuters) - Banco de Sabadell SA :

* Sells 4.08 percent stake in Banco Comercial Portugues SA (BCP) for 1.15 euros ($1.22) per share, 44.4 million euros in total, via accelerated bookbuild offering

* The sale has no relevant impact on Sabadell's income statement and balance sheet (loss of about 8.3 million euros gross) Source text for Eikon:

Further company coverage: ($1 = 0.9398 euros) (Gdynia Newsroom)

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