CaixaBank, S.A. (BME:CABK) made an offer to acquire the remaining 5.1% stake in Banco BPI, S.A. for approximately €110 million on December 18, 2018. Under the terms of the transaction, CaixaBank will pay €1.47 per share per share for the remaining shares. In accordance with the offer, CaixaBank will commence a mandatory acquisition. The offer will commence on December 18, 2018 and will last for a week until December 26, 2018. Maria João Ricou, Manuel Requicha Ferreira, Eduardo Fonseca and Manuel Barbosa Moura of Cuatrecasas acted as legal advisor to Caixa Bank.

CaixaBank, S.A. (BME:CABK) completed the acquisition of remaining 5.1% stake in Banco BPI, S.A. on December 26, 2018.