Spain's Banco Bilbao Vizcaya Argentaria SA (BBVA.MC) said Thursday it is in talks regarding the potential sale of its Spanish real-estate business to New York-based Cerberus Capital Management LP (CRP.XX).
BBVA said it wasn't certain negotiations would lead to a deal.
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The bank said it was responding to press speculation about a potential deal involving real-estate. Over the past week several Spanish news outlets have reported that a deal was in the works.
In August, BBVA confirmed it was negotiating with Canada's Bank of Nova Scotia (BNS.T) to sell its Banco Bilbao Vizcaya Argentaria Chile SA (BBVACL.SN) unit.
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(END) Dow Jones Newswires
September 28, 2017 03:12 ET (07:12 GMT)