Banks News

Banco Sabadell maneuvers against BBVA's takeover bid and its legal head, Miquel Roca, shows harmony with Salvador Illa

The leadership of Banco Sabadell is taking a gamble and mobilizing to stop BBVA's hostile Public Offer for the Acquisition of shares (OPA). President, Josep Oliuand the CEO, César González-Buenohave decided to launch what is emerging as his last battle after a long financial career to keep the bank autonomous. Oliu has multiplied internal meetings […]

Banks News

BBVA presents a hostile takeover bid for Banco Sabadell

The president of BBVA, Carlos Torres Vila Following the refusal of the board of directors of Banco Sabadell to accept the merger offer last Monday, the board of directors of BBVA has decided to formulate a hostile takeover bid (OPA) for 100% of the shares of Banco Sabadell, according to has notified the National Securities […]

Banks News

Hostile takeover bid by BBVA to Banco Sabadell, LIVE

10:33 BBVA managers have recalled the authorizations they have to overcome. The takeover bid must be accepted by at least 50% of Sabadell shareholders, but first it must pass the BBVA shareholders meeting and achieve approval from the CNMC, which oversees competition, and British regulators. 10:30 The Minister of Economy of the Generalitat, Natàlia Mas, […]