Banco Bilbao Arg (NYSE:BBV)
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5 Years : From Jul 2012 to Jul 2017
Banco Bilbao Vizcaya Argentaria SA (BBV) said Thursday it has decided to exercise an option to raise its stake to 15% in China Citic Bank Corp (0998.HK).
In a Spanish regulatory filing, BBVA said it will pay around EUR1 billion to acquire an additional 4.93% of Citic.
-By Jonathan House, Dow Jones Newswires; +34 91 395 8120; firstname.lastname@example.org