Radar > 243042

BBVA plans new startup acquisitions

BBVA planea nuevas adquisiciones de startups

Intel ID : 243042
Synopsis

BBVA (BME:BBVA), a Spain-based financial institution, is studying the possibility of acquiring digital startups or investing in shares of these companies, reported Europa Press on 30 November 2016, citing BBVA President Francisco González.

Specifically, these acquisitions aim to complement the bank's strategy to accelerate its digital transformation, as it has done since 2011.
(content in spanish)

BBVA (BME: BBVA), entidad financiera con sede en España, estudia la posibilidad de comprar startups digitales o invertirá en participaciones de estas compañías, según ha informado Europa Press el 30 de noviembre de 2016, citando al presidente de BBVA, Francisco González.

En concreto, estas adquisiciones tienen como objetivo complementar la estrategia del banco para acelerar su transformación digital, como viene haciendo desde 2011.

Bidder

BBVA
Spain

Intel ID 243042
Value ND
Native Currency Euro (EUR)
Financial Data - BBVA
(31 Dec 2019)
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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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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

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