Popular sees $99M gain from sale of EVERTEC shares Popular (BPOP) said it completed the sale of 5.8M shares of EVERTEC (EVTC). Following the sale, Popular retained a stake of 14.9% in EVERTEC. Total cash proceeds received by Popular from the sale of the shares was approximately $118M, net of underwriting discounts. Popular will recognize an after tax gain of approximately $99M during Q4.
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