Spain's Caixabank, Bankia approve merger deal, sources say
MADRID, Sept 17 (Reuters) - The boards of Spanish lenders Bankia BKIA.MC and Caixabank CABK.MC on Thursday approved the terms of a proposed merger that will create Spain's biggest domestic bank with around 600 billion euros ($710 billion) in assets, sources familiar with the matter said.
Caixabank and Bankia declined to comment.
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(Reporting by Jesús Aguado; editing by Sonya Dowsett)
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