GVC Gaesco sells half of Beka Finance to Gala Capital

Eugenia Jiménez
clock • 1 min read

Catalan Group GVC Gaesco is selling 45% of Beka Finance to the Spanish investment group Gala Capital for an undisclosed amount some weeks after naming a new CEO. The operation, still subject to regulatory approval from the Spanish regulator CNMV, has been announced around a month after the appointment of Enrique García Palacio as the firm's chief executive officer. Through the sale, the firm will integrate all the business related to the securities agency, which will manage internally and through which will gain operational and commercial efficiency. GVC Gaesco Group acquired the s...