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Bankia Commits $2B To Repay Retail Investors For IPO Bust

Law360, New York (February 17, 2016, 2:57 PM EST) -- State-backed Spanish lender Bankia SA said Wednesday it will set aside €1.84 billion ($2.1 billion) to fully refund retail investors for their losses following the company’s doomed, 2011 initial public offering and to...
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