May 10, 2024 BY Elizabeth Anderson
BBVA Shakes Up Markets After Announcing Hostile Takeover Bid For Banco Sabadell
According to CNBC, one investment company described the move as “very strange”. BBVA published a notice on its website, stating that its board of directors have offered Banco Sabadell shareholders one BBVA share for every 4.83 shares of Banco Sabadell, constituting a 30% premium on average share prices over the last three months. BBVA described…
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