Meliá Hotels International, S.A. (BME:MEL) acquired the remaining 69.72% stake in Cibanco IBM Fideicomiso El Medano for $33.4 million in the second quarter of 2019. As per terms of the consideration, 50% was paid at the end of June 2019. Cibanco IBM Fideicomiso had $74.08 million (€66.46 million) in total assets and $34.16 million (€30.64 million) in total liabilities. Meliá Hotels International, S.A. (BME:MEL) completed the acquisition of the remaining 69.72% stake in Cibanco IBM Fideicomiso El Medano in the second quarter of 2019.