CORPBANCA

RNS Number : 0468W
Banco Bilbao Vizcaya Argentaria SA
19 December 2013
 

 

 

 

 

 

 

 

 

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

 

RELEVANT INFORMATION

Corpbanca, a Chilean company, announced on December 12 it had initiated a competitive bidding process for a potential consolidation of its business in Chile and abroad.  In relation to the news published today and further to a request by the Spanish Securities and Exchange Commission, BBVA communicates that it is participating in said process in order to analyse the strategic viability of a possible combination of the banking businesses of both groups in Chile and Colombia.

 

At this point it is not possible to determine if its participation in the process will result in the execution of definitive agreements nor the terms of such potential agreements. BBVA has no information about the status of negotiations that may be taking place with other interested parties. 

 

In the event that the negotiations lead to definitive agreements, BBVA would publish a relevant event.

 

 

 

 

Madrid, December 19, 2013

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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