Join our community of smart investors

Bankia heading for IAG departure

There’s little doubt Bankia will have to sell its stake in IAG, but at what price?
May 31, 2012

International Consolidated Airlines (IAG) lost a fifth of its value in May, largely on speculation that bailed-out lender Bankia will cash in its 12 per cent stake in the British Airways owner.

IC TIP: Sell at 143p