Bbva Buys Further 5% in China Citic Bank for Eur1bn

Summary


MANAVIGATOR-December 3, 2009-BBVA buys further 5% in China Citic Bank for EUR1bn (C)2010 M2 COMMUNICATIONS http://www.m2.com

Spain's banking group BBVA (MCE:BBVA) said today it has increased its shareholding in China Citic Bank (SHA:601998) to nearly 15% after buying a 4.93% stake for a total EUR1bn (USD1.5bn).

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Bbva Buys Further 5% in China Citic Bank for Eur1bn

BBVA had an option ...

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