Radar > 245747

BBVA interested in making acquisitions in Mexico

BBVA manifiesta interés en realizar adquisiciones en México

Intel ID : 245747
Synopsis

BBVA (BME:BBVA), a Spain-based financial institution, announced its interest in making future acquisitions in Mexico, reported Millenio on 3 March 2017, citing BBVA President Francisco González.

Specifically, González noted the company will invest USD 1.5bn in the next five years in the country and, as part of this project, it would also aim to acquire a bank, provided it receives the approval of Mexico's Ministry of Finance.
(content in spanish)

BBVA (BME: BBVA), entidad financiera con sede en España, ha anunciado que mantiene su interés en realizar futuras adquisiciones en México, según ha informado Milenio el 3 de marzo de 2017, citando al presidente de BBVA, Francisco González.

En concreto, González ha manifestado que la compañía realizará una inversión de USD 1.500m en los próximos cinco años en el país y, en este proyecto, los intereses también apuntarían a la adquisición de un banco, siempre y cuando se tuviera un visto bueno del Ministerio de Hacienda de México.

Bidder

BBVA
Spain

Intel ID 245747
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - BBVA
(31 Dec 2019)
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

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