Mutua Madrileña Automovilista, Sociedad de Seguros a Prima Fija acquired additional 24.41% stake in Alantra Wealth Management, Agencia de Valores/Alantra Wealth Management Gestión, SGIIC, S.A. from Alantra Partners, S.A. (BME:ALNT) for €16.6 million on May 3, 2022. Following this transaction, Grupo Mutua, which has also acquired an additional 1.8% from minority partners, will own 76.3% of the company, while 23.7% will be retained by the executives of the private banking business.

Mutua Madrileña Automovilista, Sociedad de Seguros a Prima Fija completed the acquisition of additional 24.41% stake in Alantra Wealth Management, Agencia de Valores/Alantra Wealth Management Gestión, SGIIC, S.A. from Alantra Partners, S.A. (BME:ALNT) on May 3, 2022.