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After canceling its plan Abanca will go to the expansion of Nueva Pescanova

Nueva Pescanova HQ in Redondela, Galicia (Photo: EFE)

(SPAIN, 1/26/2021)

With 88.40% of the shares after recently acquiring a 7.94% stake in Merrill Lynch-Bank of America

Abanca will attend the next voluntary capital increase of Nueva Pescanova, of which it is the majority shareholder, with 88.40% of the shares after recently acquiring 7.94% of the participation of Merrill Lynch-Bank of America, reported the financial institution in a statement.

The Nueva Pescanova board of directors announced last week the c... (More Info)

Previous news:

The Nueva Pescanova Group is consolidated among the most responsible companies with the best corporate governance in Spain
Other Media | Industrias Pesqueras: Nueva Pescanova ratifies the 'Declaration of Business Leaders for Renewed Global Cooperation'
The 'old Pescanova' challenges the refinancing agreement of Nueva Pescanova
Other Media | La Voz de Galicia: Nueva Pescanova launches low cost products
Other media | Europa Press: Nueva Pescanova incorporates José Manuel Carballo Fernández as general director of Systems and Processes
Justice authorizes € 650 million refinancing in Nueva Pescanova
Nueva Pescanova reduces its capital to 69 million Euros due to the accumulated losses of 2019

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