Top Bank of Cyprus Investors to Explore Sale of Stake [Yahoo! Finance Canada]
Banco Bilbao Vizcaya Argentaria S.A. (BBVA)
US:NYSE Investor Relations:
shareholdersandinvestors.bbva.com
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Source: Yahoo! Finance Canada
Most Read from Bloomberg AB CarVal Investors and Caius Capital are working with an adviser to gauge interest in their combined 15% holding, said the people. They have approached potential buyers including Greece's Alpha Bank SA, the people said, asking not to be identified because the information is private. ADVERTISEMENT Their stakes are worth about £232 million ($358 million) based on Wednesday's closing price in London. Shares in Bank of Cyprus rose to their highest level in more than two weeks before falling about 1% in early Friday trading. The lender has a market value of about £1.6 billion. Any buyer of the two investors' shares could use a transaction as a first step to amassing a larger holding and eventually making an offer for the rest of the bank's shares, the people said. Deliberations are at an early stage and may not lead to any transaction, according to the people. Representatives for Bank of Cyprus, Caius Capital and Alpha Bank declined to comment. Executiv
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- 6/27/24 - Form SBSE-C
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- BBVA's page on the SEC website