BBVA: Sale in M?xico

RNS Number : 2173V
Banco Bilbao Vizcaya Argentaria SA
09 January 2013
 

 

 

 

 

 

 

 

 

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby communicates the following:

RELEVANT INFORMATION

In furtherance of the relevant information announced to the markets on November 27, 2012, after having obtained the necessary approvals, BBVA announces that it has completed today the sale of its total stake in the Mexican company "Administradora de Fondos para el Retiro Bancomer, S.A. de C.V.", to Afore XXI Banorte, S.A. de C.V.

 

The adjusted total price is US$ 1,735 million. The capital gain net of taxes arising from the transaction amounts to approximately € 800 million.

 

 

 

Madrid, January 9th, 2013

 


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