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BBVA Heard Mulling Asset Sale
Spanish bank BBVA is rumored to be considering the sale of some assets in LatAm, according to 2 sources, one based in the US and the other in Mexico. The US-based source says the bank is in preliminary talks with potential buyers, but he does not name the potential acquirers. He adds that units in Central and South America may be on the block. It is not known exactly which assets it would sell, or in which countries. BBVA IR officials in Spain did not return calls for comment.
