BBVA), which is readily accessible upon registration at www.active-investors.com/registration-sg/?symbol=BBVA as the Company's latest news hit the wire. Scotiabank made an announcement on December 05, 2017, stating that it has signed an agreement with Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) ("BBVA") to acquire BBVA's stake in BBVA Chile. The deal is valued approximately $2.2 billion (CAD$ 2.9 billion) and is subject to regulatory approvals. The announcement comes in after BBVA received a binding offer from Scotiabank in November 28, 2017. Sign up now for our free research reports at:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Banco Macro S.A. (NYSE: BMA), which also belongs to the Financial sector as the Company Banco Bilbao Vizcaya Argentaria. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=BMA

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Banco Bilbao Vizcaya Argentaria most recent news is on our radar and we have decided to include it on our blog post. Today's free coverage is available at:

www.active-investors.com/registration-sg/?symbol=BBVA

Details of the deal

BBVA's interests in BBVA Chile include 68.19% stake in BBVA Chile and the life insurance business. The automobile financing arm - the Grupo Forum is not part of this agreement and will continue to be wholly owned by BBVA. Scotiabank has planned to make a tender offer for all BBVA Chile's shares. Scotiabank plans to merge the operations of BBVA Chile with the operations of Scotiabank Chile.

With the finalization of this deal, Scotiabank will be able to double its market share in Chile to nearly 14% and establish itself as the 3rd largest private sector bank in the country. The deal is in accordance to Scotiabank's strategy of increasing its scale within the Chilean banking sector and the Pacific Alliance countries.

Commenting in the agreement, Brian Porter, President and CEO at Scotiabank, said:

"BBVA Chile has a proven track record of providing leading financial products and services to customers across the country and this transaction demonstrates excellent synergy between both banks with customer-centric cultures."

Ignacio (Nacho) Deschamps - Group Head, International Banking and Digital Transformation at Scotiabank, added:

"This acquisition allows us to create a leading bank in Chile underpinned by a solid risk culture and provides opportunities to accelerate our digital transformation, while building a high-performance team."

The deal is expected to result in net capital gain of about €640 million for BBVA as well as have a positive impact on the Group's CET 1 (fully loaded) of about 50 basis points. The Scotiabank's offer values BBVA Chile at more than twice its book value and about 20 times earnings.

Response from Said family

The Said family owns 31.62% of BBVA Chile. As per the November 28, 2017, offer by Scotiabank, BBVA had informed the Said family of its desire to accept the offer so that the family could exercise its right of first refusal for the shares in BBVA Chile or have the option of exercising its tag-along rights. The tag-along rights would allow the Said family to sell its shares in BBVA Chile to Scotiabank on the same terms offered to BBVA.

The Said family has waived its Right of First Refusal to acquire BBVA's shares of BBVA Chile. However, it will maintain the right to offer all or part of its shares in the soon to be launched tender offer by Scotiabank. The family has also shown interest in continuing to be involved in the Chilean business and has indicated that it is willing to invest approximately $500 million (CAD$ 650 million) to own up to 25% of merged business of BBVA Chile and Scotiabank Chile. If Scotiabank agrees to this investment, it would impact Scotiabank's Common Equity Tier 1 capital ratio by 90 basis points on completion of the transaction. However, if the family tenders all its shares to Scotiabank, the impact on Scotiabank's Common Equity Tier 1 capital ratio would be 135 basis points on completion of the transaction.

Reasons for divestment of BBVA Chile

Talks about BBVA engaging in discussions with Scotiabank to sell BBVA Chile had started circulating in August 2017, which it later confirmed. Scotiabank carried out the process of verification of financial information and due diligence in September 2017 with the intention of acquiring BBVA Chile. Brian Porter of Scotiabank had said at that time that this was a "great opportunity". This was followed by the binding offer by Scotiabank in November 2017.

BBVA has been looking to exit the Chile market due to low profitability caused by huge competition from larger banks. It has tried to grow in size via acquisitions but faced many challenges due to higher costs of these acquisitions. Banking in Chile is dominated by five major banks who together control 75% of the market. BBVA in principle tries to maintain its position as one of the top three players in the region where it exists. However, BBVA Chile is the seventh largest bank in the country by assets. This is against the Bank's philosophy and one of the reasons for exiting from Chile.

About Banco Bilbao Vizcaya Argentaria, S.A.

BBVA is global financial group and provides retail and wholesale banking, asset management, and private banking services in more than 30 countries to 72 million customers. It is one of the leading banks in Spain and the biggest financial institution in Mexico. BBVA has leading franchises in South America and the Sunbelt region in the US. It also has a significant presence in Turkey via strategic investments in Garanti Bank.

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia/Pacific. It offers a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

The Bank has assets of over $915 billion as on October 31, 2017, and is supported by a global team of over 88,000 employees.

Stock Performance Snapshot

December 06, 2017 - At Wednesday's closing bell, Banco Bilbao Vizcaya Argentaria's stock fell 1.42%, ending the trading session at $8.34.

Volume traded for the day: 2.30 million shares.

Stock performance in the past twelve-month period – up 25.60%; and year-to-date - up 23.19%

After yesterday's close, Banco Bilbao Vizcaya Argentaria's market cap was at $55.98 billion.

Price to Earnings (P/E) ratio was at 11.68.

The stock has a dividend yield of 5.04%.

The stock is part of the Financial sector, categorized under the Foreign Regional Banks industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 483799

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Blog Exposure – Banco Bilbao Vizcaya Argentaria Agrees to Divest Stake in BBVA Chile to Canada’s Scotiabank

Stock Monitor: Banco Macro Post Earnings Reporting

LONDON, UK / ACCESSWIRE / December 07, 2017 / Active-Investors issued a free report on Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA), which is readily accessible upon registration at www.active-investors.com/registration-sg/?symbol=BBVA as the Company's latest news hit the wire. Scotiabank made an announcement on December 05, 2017, stating that it has signed an agreement with Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) ("BBVA") to acquire BBVA's stake in BBVA Chile. The deal is valued approximately $2.2 billion (CAD$ 2.9 billion) and is subject to regulatory approvals. The announcement comes in after BBVA received a binding offer from Scotiabank in November 28, 2017. Sign up now for our free research reports at:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Banco Macro S.A. (NYSE: BMA), which also belongs to the Financial sector as the Company Banco Bilbao Vizcaya Argentaria. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=BMA

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Banco Bilbao Vizcaya Argentaria most recent news is on our radar and we have decided to include it on our blog post. Today's free coverage is available at:

www.active-investors.com/registration-sg/?symbol=BBVA

Details of the deal

BBVA's interests in BBVA Chile include 68.19% stake in BBVA Chile and the life insurance business. The automobile financing arm - the Grupo Forum is not part of this agreement and will continue to be wholly owned by BBVA. Scotiabank has planned to make a tender offer for all BBVA Chile's shares. Scotiabank plans to merge the operations of BBVA Chile with the operations of Scotiabank Chile.

With the finalization of this deal, Scotiabank will be able to double its market share in Chile to nearly 14% and establish itself as the 3rd largest private sector bank in the country. The deal is in accordance to Scotiabank's strategy of increasing its scale within the Chilean banking sector and the Pacific Alliance countries.

Commenting in the agreement, Brian Porter, President and CEO at Scotiabank, said:

"BBVA Chile has a proven track record of providing leading financial products and services to customers across the country and this transaction demonstrates excellent synergy between both banks with customer-centric cultures."

Ignacio (Nacho) Deschamps - Group Head, International Banking and Digital Transformation at Scotiabank, added:

"This acquisition allows us to create a leading bank in Chile underpinned by a solid risk culture and provides opportunities to accelerate our digital transformation, while building a high-performance team."

The deal is expected to result in net capital gain of about €640 million for BBVA as well as have a positive impact on the Group's CET 1 (fully loaded) of about 50 basis points. The Scotiabank's offer values BBVA Chile at more than twice its book value and about 20 times earnings.

Response from Said family

The Said family owns 31.62% of BBVA Chile. As per the November 28, 2017, offer by Scotiabank, BBVA had informed the Said family of its desire to accept the offer so that the family could exercise its right of first refusal for the shares in BBVA Chile or have the option of exercising its tag-along rights. The tag-along rights would allow the Said family to sell its shares in BBVA Chile to Scotiabank on the same terms offered to BBVA.

The Said family has waived its Right of First Refusal to acquire BBVA's shares of BBVA Chile. However, it will maintain the right to offer all or part of its shares in the soon to be launched tender offer by Scotiabank. The family has also shown interest in continuing to be involved in the Chilean business and has indicated that it is willing to invest approximately $500 million (CAD$ 650 million) to own up to 25% of merged business of BBVA Chile and Scotiabank Chile. If Scotiabank agrees to this investment, it would impact Scotiabank's Common Equity Tier 1 capital ratio by 90 basis points on completion of the transaction. However, if the family tenders all its shares to Scotiabank, the impact on Scotiabank's Common Equity Tier 1 capital ratio would be 135 basis points on completion of the transaction.

Reasons for divestment of BBVA Chile

Talks about BBVA engaging in discussions with Scotiabank to sell BBVA Chile had started circulating in August 2017, which it later confirmed. Scotiabank carried out the process of verification of financial information and due diligence in September 2017 with the intention of acquiring BBVA Chile. Brian Porter of Scotiabank had said at that time that this was a "great opportunity". This was followed by the binding offer by Scotiabank in November 2017.

BBVA has been looking to exit the Chile market due to low profitability caused by huge competition from larger banks. It has tried to grow in size via acquisitions but faced many challenges due to higher costs of these acquisitions. Banking in Chile is dominated by five major banks who together control 75% of the market. BBVA in principle tries to maintain its position as one of the top three players in the region where it exists. However, BBVA Chile is the seventh largest bank in the country by assets. This is against the Bank's philosophy and one of the reasons for exiting from Chile.

About Banco Bilbao Vizcaya Argentaria, S.A.

BBVA is global financial group and provides retail and wholesale banking, asset management, and private banking services in more than 30 countries to 72 million customers. It is one of the leading banks in Spain and the biggest financial institution in Mexico. BBVA has leading franchises in South America and the Sunbelt region in the US. It also has a significant presence in Turkey via strategic investments in Garanti Bank.

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia/Pacific. It offers a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

The Bank has assets of over $915 billion as on October 31, 2017, and is supported by a global team of over 88,000 employees.

Stock Performance Snapshot

December 06, 2017 - At Wednesday's closing bell, Banco Bilbao Vizcaya Argentaria's stock fell 1.42%, ending the trading session at $8.34.

Volume traded for the day: 2.30 million shares.

Stock performance in the past twelve-month period – up 25.60%; and year-to-date - up 23.19%

After yesterday's close, Banco Bilbao Vizcaya Argentaria's market cap was at $55.98 billion.

Price to Earnings (P/E) ratio was at 11.68.

The stock has a dividend yield of 5.04%.

The stock is part of the Financial sector, categorized under the Foreign Regional Banks industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 483799

Stock Monitor: Banco Macro Post Earnings Reporting

LONDON, UK / ACCESSWIRE / December 07, 2017 / Active-Investors issued a free report on Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA), which is readily accessible upon registration at www.active-investors.com/registration-sg/?symbol=BBVA as the Company's latest news hit the wire. Scotiabank made an announcement on December 05, 2017, stating that it has signed an agreement with Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) ("BBVA") to acquire BBVA's stake in BBVA Chile. The deal is valued approximately $2.2 billion (CAD$ 2.9 billion) and is subject to regulatory approvals. The announcement comes in after BBVA received a binding offer from Scotiabank in November 28, 2017. Sign up now for our free research reports at:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Banco Macro S.A. (NYSE: BMA), which also belongs to the Financial sector as the Company Banco Bilbao Vizcaya Argentaria. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=BMA

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Banco Bilbao Vizcaya Argentaria most recent news is on our radar and we have decided to include it on our blog post. Today's free coverage is available at:

www.active-investors.com/registration-sg/?symbol=BBVA

Details of the deal

BBVA's interests in BBVA Chile include 68.19% stake in BBVA Chile and the life insurance business. The automobile financing arm - the Grupo Forum is not part of this agreement and will continue to be wholly owned by BBVA. Scotiabank has planned to make a tender offer for all BBVA Chile's shares. Scotiabank plans to merge the operations of BBVA Chile with the operations of Scotiabank Chile.

With the finalization of this deal, Scotiabank will be able to double its market share in Chile to nearly 14% and establish itself as the 3rd largest private sector bank in the country. The deal is in accordance to Scotiabank's strategy of increasing its scale within the Chilean banking sector and the Pacific Alliance countries.

Commenting in the agreement, Brian Porter, President and CEO at Scotiabank, said:

"BBVA Chile has a proven track record of providing leading financial products and services to customers across the country and this transaction demonstrates excellent synergy between both banks with customer-centric cultures."

Ignacio (Nacho) Deschamps - Group Head, International Banking and Digital Transformation at Scotiabank, added:

"This acquisition allows us to create a leading bank in Chile underpinned by a solid risk culture and provides opportunities to accelerate our digital transformation, while building a high-performance team."

The deal is expected to result in net capital gain of about €640 million for BBVA as well as have a positive impact on the Group's CET 1 (fully loaded) of about 50 basis points. The Scotiabank's offer values BBVA Chile at more than twice its book value and about 20 times earnings.

Response from Said family

The Said family owns 31.62% of BBVA Chile. As per the November 28, 2017, offer by Scotiabank, BBVA had informed the Said family of its desire to accept the offer so that the family could exercise its right of first refusal for the shares in BBVA Chile or have the option of exercising its tag-along rights. The tag-along rights would allow the Said family to sell its shares in BBVA Chile to Scotiabank on the same terms offered to BBVA.

The Said family has waived its Right of First Refusal to acquire BBVA's shares of BBVA Chile. However, it will maintain the right to offer all or part of its shares in the soon to be launched tender offer by Scotiabank. The family has also shown interest in continuing to be involved in the Chilean business and has indicated that it is willing to invest approximately $500 million (CAD$ 650 million) to own up to 25% of merged business of BBVA Chile and Scotiabank Chile. If Scotiabank agrees to this investment, it would impact Scotiabank's Common Equity Tier 1 capital ratio by 90 basis points on completion of the transaction. However, if the family tenders all its shares to Scotiabank, the impact on Scotiabank's Common Equity Tier 1 capital ratio would be 135 basis points on completion of the transaction.

Reasons for divestment of BBVA Chile

Talks about BBVA engaging in discussions with Scotiabank to sell BBVA Chile had started circulating in August 2017, which it later confirmed. Scotiabank carried out the process of verification of financial information and due diligence in September 2017 with the intention of acquiring BBVA Chile. Brian Porter of Scotiabank had said at that time that this was a "great opportunity". This was followed by the binding offer by Scotiabank in November 2017.

BBVA has been looking to exit the Chile market due to low profitability caused by huge competition from larger banks. It has tried to grow in size via acquisitions but faced many challenges due to higher costs of these acquisitions. Banking in Chile is dominated by five major banks who together control 75% of the market. BBVA in principle tries to maintain its position as one of the top three players in the region where it exists. However, BBVA Chile is the seventh largest bank in the country by assets. This is against the Bank's philosophy and one of the reasons for exiting from Chile.

About Banco Bilbao Vizcaya Argentaria, S.A.

BBVA is global financial group and provides retail and wholesale banking, asset management, and private banking services in more than 30 countries to 72 million customers. It is one of the leading banks in Spain and the biggest financial institution in Mexico. BBVA has leading franchises in South America and the Sunbelt region in the US. It also has a significant presence in Turkey via strategic investments in Garanti Bank.

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia/Pacific. It offers a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

The Bank has assets of over $915 billion as on October 31, 2017, and is supported by a global team of over 88,000 employees.

Stock Performance Snapshot

December 06, 2017 - At Wednesday's closing bell, Banco Bilbao Vizcaya Argentaria's stock fell 1.42%, ending the trading session at $8.34.

Volume traded for the day: 2.30 million shares.

Stock performance in the past twelve-month period – up 25.60%; and year-to-date - up 23.19%

After yesterday's close, Banco Bilbao Vizcaya Argentaria's market cap was at $55.98 billion.

Price to Earnings (P/E) ratio was at 11.68.

The stock has a dividend yield of 5.04%.

The stock is part of the Financial sector, categorized under the Foreign Regional Banks industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 483799

Source URL: https://marketersmedia.com/blog-exposure-banco-bilbao-vizcaya-argentaria-agrees-to-divest-stake-in-bbva-chile-to-canadas-scotiabank/275004

Source: AccessWire

Release ID: 275004


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