BBVA to Raise Stake in U.K. Digital Bank Atom
By Alberto Delclaux
Banco Bilbao Vizcaya Argentaria SA (BBVA.MC) on Wednesday said that it will increase its stake in U.K. digital bank Atom to about 39%, investing a further 85.4 million pounds ($118.4 million).
Atom, which focuses on mobile banking, is also raising capital from other shareholders, BBVA said.
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(END) Dow Jones Newswires
March 07, 2018 05:47 ET (10:47 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.