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New Deal


Announced

Unicaja to merge with Liberbank in a $937m deal.

Financials

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Transaction Value£694m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Banks

bank

Spain

Acquisition

Pending

financial services provider

Majority

Friendly

Domestic

Merger

Single Bidder

Public

Synopsis

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Unicaja, a Spanish savings bank, agreed to merge with Liberbank, a regional Spanish commercial bank, in a $937m deal. The merger is part of a consolidation process in the Spanish banking industry and more broadly in Europe. “The transaction will allow the combined entity to gain size to face in the best possible way the challenges of the industry,” Unicaja.

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