ERC and Junts demand transfer of supervision of La Caixa Foundation, with major holdings in Ibex35, to Generalitat

caixabank sunset

Link Securities| The pro-independence bloc formed by ERC and Junts demands the transfer to the Generalitat of the supervision and oversight of the La Caixa Foundation, which now depends on the Ministry of Economy, according to financial sources informed the digital newspaper VozPópuli.

This is a strategic move for Catalonia, as the Foundation has major holdings in the Ibex-35 index. Through Criteria, its investment arm, it is the largest shareholder of Caixabank, where it controls 32.24% after the merger with Bankia (and as a result of this merger, the State has a 16% stake in the entity). Criteria is also a reference shareholder in Naturgy (26%), Cellnex (4.36%), Telefónica (2.5%)…

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