July 3, 2017 / 9:18 AM / 2 months ago

BRIEF-MGAM injects 250 mln euros in Montepio, signs MoU with Santa Casa

July 3 (Reuters) - Caixa Economica Montepio Geral (CEMG) :

* Said on Saturday obtained 250 million euro capital injection from Montepio Geral Associacao Mutualista (MGAM)

* MGAM invested in the institutional capital in cash, increasing CEMG capital to 2.02 billion euros

* MGAM reaches memorandum of understanding (MoU) with Santa Casa da Misericordia de Lisboa (SCML) to form a partnership which may include SCML buying a stake in CEMG

Source text: bit.ly/2tDg7dl , bit.ly/2t8DZF1

Further company coverage: (Gdynia Newsroom)

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