Unnim Banc SA Announces Further Details On Merger By Incorporation Into Banco Bilbao Vizcaya Argentaria SA
Unnim Banc SA announced that on March 15, 2013 Banco Bilbao Vizcaya Argentaria SA (BBVA) approved the Project of Merger by Incorporation of Unnim Banc SA into BBVA. BBVA is a majority shareholder of Unnim Banc SA. Under the terms of the agreement BBVA will acquire all the assets of Unnim Banc SA with all their rights and obligations, pursuant to the provisions of the Law 3/2009, April 3, on Structural Modifications of Corporations, as well as in accordance with the provisions of the Merger Project signed by the Board of Directors of BBVA and Unnim Banc SA on January 31, 2013.
Latest Developments for Banco Bilbao Vizcaya Argentaria S.A.
- Moody's upgrades BBVA's rating to BAA2; outlook positive on long-term ratings
- Banco Bilbao Vizcaya Argentaria SA acquires Simple
- Banco Bilbao Vizcaya Argentaria SA announces issue of perpetual contingent convertible securities into ordinary shares
- Moody's changes outlook on BBVA's Baa3 ratings to stable from negative; affirms ratings
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