Radar > 219182

BBVA studies the sale of its recovery division

BBVA estudia la venta de su división de recobro

Intel ID : 219182
Synopsis

Spanish bank BBVA studies the possibility of selling its recovery division in Spain. This business unit has 200 employees.

This transaction, advised by KPMG, has raised interest among several international investors, including Elliott, D. E. Shaw & Co and Centerbridge Partners.
(content in spanish)

La entidad financiera española BBVA estaría estudiando la posibilidad de deshacerse de su división de recobro en España. La unidad de negocio tiene actualmente una plantilla de 200 empleados.

La operación, que está siendo asesorada por KPMG, ha despertado el interés de varios inversores internacionales, entre los que se encuentra Elliott, D. E. Shaw & Co y Centerbridge Partners.

Bidder

United States
United States

Seller

BBVA
Spain

Intel ID 219182
Value ND
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
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

Country
Website
Description

Legend:

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.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.