BARCELONA, June 17 (Reuters) – Spain’s Criteria, the investment arm of the La Caixa foundation, plans to boost the value of its portfolio by 13 billion euros ($13.92 billion) by 2030 as part of a five-year plan that also aims to cut its weighting towards nationally strategic sectors like banking, energy and telecoms.
In its 2025-2030 strategic plan, the holding company said it aims for its portfolio to have a gross value of 40 billion euros in 2030, against 27 billion euros in 2023. The weight that strategic sectors have within it will be reduced to 55% from the current 74%, it added.
Source: REUTER
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