Spain's Caixabank to launch full takeover offer for BPI

Spain's Caixabank said on Monday it would launch a full takeover bid for the 56 percent of Portuguese lender Banco BPI that it does not already own for 1.113 euros (0.8896 pounds) per share. The offer was dependent on acceptance topping 50 percent and the Portuguese bank eliminating a 20 percent shareholder rights limitation, the Spanish bank said in a statement to the stock market regulator. The announcement comes after Spanish lender and Angolan investor Isabel dos Santos, who owns 18.6 percen