Spain extends deadline for ex-savings banks' IPOs due to coronavirus

MADRID (Reuters) - The Spanish government on Tuesday agreed to extend this year's deadline for former savings banks such as Ibercaja to go public, as part of a set of coronavirus relief measures, Economy Minister Nadia Calvino said.She would not provide further details, but a government source said that the deadline would be extended until 2022.Former savings banks, including Ibercaja, are required by law to go public or raise money to cut stakes held by foundations under the terms of a Spanish..