The extension of the deliveries of 2018 would leave the regions without the collection of this tax and also of the increase in income. Of course, what does not seem to be approved will be the settlement of 2,500 million VAT in 2017, which includes only 11 months of revenue. For this point it seems that a bill would be necessary to modify the date of payment of the tax, for which there is no time before the urgency of the elections. Neither does Finance want to approve by decree-law the increase of Personal Income Tax and Societies, although there is legal support for it, since the PP did so in 2012. Bank studies again the purchase of Liberbank and thus breaks into the negotiation of this with Unicaja for its fusion. As published by “Expansion”, the Galician entity would be studying a kind of takeover bid (OPA) to take control of the group formed by the old Cajastur, April 2019 calendar To Print and Caja Extremadura. The National Securities Market Commission (CNMV) has suspended Liberbank’s quotation until 11:15 in the morning, until in a statement sent to the stock exchange supervisor Abanca it has acknowledged its interest in the aforementioned entity. However, these talks would not have yet come to fruition in an agreement.
April 2019 calendar To Print
The entity controlled by the Venezuelan Juan Carlos Escotet would have offered to the banking foundations Cajastur, Caja Cantabria and Caja Extremadura, that between the three they add 32.4% of the capital stock of Liberbank, an exchange of shares to maintain the future shareholding. The remaining shareholder would be paid a 40% cash premium on their stock price. The shares of Liberbank were quoted before they were suspended at 0.39 euros.
As he has acknowledged in a press release sent to the April 2019 calendar To Print “would have maintained several conversations meetings and meetings »to study a corporate operation with financial advice from Bank of America Merrill Lynch. Even confirming previous information, a price per share of 0.56 euros would have been considered. Liberbank, however, has clarified in a statement to the supervisor that “it has not received any concrete offer to date” from Abanca and that “it is not in talks to carry out any other strategic operation” of the merger with Unicaja. The plans of Abanca, which on other occasions has analyzed this operation, are known in the middle of the negotiations between Liberbank and Unicaja for a possible merger. In fact, at the end of this month, each entity is expected to complete the “due diligence” it is doing on the other and that would serve, along with other data and valuations, to set the exchange ratio on the basis of which the final integration.