MADRID, Sept 4 (Reuters) - Spanish banks Caixabank and Bankia could close their merger deal to create the biggest lender in Spain with more than 650 billion euros ($770 billion) in assets within the next few days, sources with knowledge of the matter said.
The all-share deal between the two lenders is still being finalized but with Thursday’s market capitalization the state’s stake in Bankia could be reduced to around 14% from 61.8%, while Caixabank’s foundation, its main shareholder, would have around 30%, the sources said.
Bankia and Caixabank declined to comment.
$1 = 0.8445 euros Reporting by Jesús Aguado; editing by Emma Pinedo and Inti Landauro
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