Portugal authorizes injection of 2.5 billion euros in Caixa Geral de Depósitos
The capital increase will be made with the issuance of 500 million new shares at a price of 5 euros per share. The Portuguese state has authorized the injection of 2,500 million euros of capital in the public bank Caixa Geral de Depósitos (CGD), the largest in the country. This capital increase will be realized…