Sacyr Vallehermoso SA said it expects to book a â¬148 mln capital gain from the sale of its option on a 3.1% stake in Banco Bilbao Vizcaya Argentaria SA (BBVA) and its existing 0.471% of the bank.
Sacyr announced its decision to sell its existing 0.471% ´financial´ holding in BBVA, adding that it also does not intend to take up its option to buy an additional around 3.1%.
www.efreeman.co.uk
Source: Freeman