BBVA Raises Stake In Citic To 15% For EUR1 Billion
December 03 2009 - 3:37AM
Dow Jones News
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;
jonathan.house@dowjones.com
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