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AFP Provida To Transfer 15.87% Stake In AFP Horizonte To Grupo BBVA And Banco Bilbao Vizcaya Argentaria SA-DJ

Thursday, 24 Jan 2013 11:01am EST 

Dow Jones reported that AFP Provida will transfer its 15.87% stake in Peruvian private pension fund AFP Horizonte to the parent company Grupo BBVA (Banco Bilbao Vizcaya Argentaria SA).The transfer price is said to be PEN 182.5 million (USD 71.4 million). AFP Horizonte is owned mainly by Holding Continental and Banco Bilbao Vizcaya Argentaria SA. AFP Provida has belonged to the Banco Bilbao Vizcaya Argentaria group since 1999.