Jan 8 (Reuters) - Sociedade Comercial Orey Antunes SA : * Said on Friday it bought a 49.99999936 percent stake in Spanish investment bank Banco Inversis SA for 21.74 million euros ($23.7 million). * The acquisition reinforces SCOA’s investment in the financial area, provides competitive advantages on a global level, marking entry into the institutional investment market. * Banco Inversis has over 1 million client accounts and manages over 50 billion euros in assets. It had a solvency ratio of 23.3 percent as of mid-2015. Source text: here Further company coverage: ($1 = 0.9181 euros) (Reporting by Andrei Khalip)
Sociedade Comercial Orey Antunes has acquired a 50 % stake in Banco Capital for € 21.74 m ( $ 100 m ) , as it looks to reinforce its presence in the financial sector and make an entry into the institutional investment market . Banco Inversis has over 1 million client accounts and has over € 50bn ( $ 54bn ) in assets .