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Form FWP BANCO BILBAO VIZCAYA Filed by: BANCO BILBAO VIZCAYA ARGENTARIA, S A

Form FWP BANCO BILBAO VIZCAYA Filed by: BANCO BILBAO VIZCAYA ARGENTARIA, S A
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Laws hampering tax neutrality on restructuring

A large listed company recently announced that it would cancel the equity shares with DVRs that it had issued and instead allot a lesser number of ordinary equity shares to the DVR shareholders.

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