Oriental Financial to acquire Puerto Rico operations of Banco Bilbao Vizcaya Argentaria - MarketLine Financial Deals

Oriental Financial to acquire Puerto Rico operations of Banco Bilbao Vizcaya Argentaria

Oriental Financial to acquire Puerto Rico operations of Banco Bilbao Vizcaya Argentaria - MarketLine Financial Deals
Oriental Financial to acquire Puerto Rico operations of Banco Bilbao Vizcaya Argentaria
Published Jun 28, 2012
3 pages — Published Jun 28, 2012
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About This Report

  
Abstract:

Oriental Financial Group, Inc., a Puerto Rico-based financial holding company, has signed a definitive agreement to acquire the Puerto Rico operations of Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) for $500 million in cash, approximately a 3% premium to tangible book value. BBVA is a Spain-based financial services group.

  
Source:
Document ID
MA115194_120704
Country
Country
Country
Ticker
BBVA=ES
Ticker
OFG=PR
Format:
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MLA:
MarketLine Financial Deals. "Oriental Financial to acquire Puerto Rico operations of Banco Bilbao Vizcaya Argentaria" Jun 28, 2012. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Oriental-Financial-to-acquire-Puerto-Rico-operations-of-Banco-Bilbao-Vizcaya-Argentaria-2052-83653>
  
APA:
MarketLine Financial Deals. (2012). Oriental Financial to acquire Puerto Rico operations of Banco Bilbao Vizcaya Argentaria Jun 28, 2012. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Oriental-Financial-to-acquire-Puerto-Rico-operations-of-Banco-Bilbao-Vizcaya-Argentaria-2052-83653>
  
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