Bankia Agrees to Sell 38.4% Stake in Inversis, Spokesman Says

June 29 (Bloomberg) -- Bankia agrees to sell its stake in Inversis to Banco de Madrid, a spokesman for the lender says by phone today, declining to be identified due to company policy. * Bankia may release financial details of transaction as early as July 1 before stock market opens in Madrid, spokesman says * NOTE: Sabadell to Sell Its 15.15% Banco Inversis Stake for EU32.3m NSN MP4AIJ6S972C <GO>

To contact the reporter on this story: Manuel Baigorri in Madrid at mbaigorri@bloomberg.net

To contact the editor responsible for this story: Marthe Fourcade at mfourcade@bloomberg.net