Bankia sells Realia stake to Carlos Slim's property group

miércoles 4 de marzo de 2015 13:53 GYT

MADRID, March 4 (Reuters) - Spanish lender Bankia said on Wednesday it would sell its stake of just under 25 percent in real estate business Realia to Mexican billionaire Carlos Slim's property company Inmobiliaria Carso .

Bankia said it would sell the stake for 0.58 euros per share, or 44.5 million euros ($49 million). It said Carso would launch a full takeover bid for Realia within 9 months at the same price. ($1 = 0.9030 euros) (Reporting By Sonya Dowsett; Editing Sarah White)