BBVA Sweetens Sabadell Bid | Global Finance Magazine
Spain’s second-largest bank is set to become Europe’s third-largest lender by market value, behind HSBC and Santander. BBVA increased its hostile takeover bid for Banco Sabadell by 10%, to 17 billion euros (about $20 billion). The revised allshare proposal – one BBVA share for every 4.8376 Sabadell shares – would eliminate the previous cash component. … Read more