Sabadell Demands Extra Disclosures From Investors Backing BBVA

larepublica.co

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This operation is only the last save in a battle for an acquisition that began in May 2024, and since then Sabadell has tried to defend himself against the unsolicited proposal

lacronicabadajoz.com

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The possibility of a second bid (opa) of BBVA on the Sabadell is marking the final straight line of the first, whose acceptance deadline for the shareholders of the Catalan entity expires at midnight from next Friday to Saturday. To encourage the owners of the Catalan entity to accept its current proposal, the Basque-born bank states that it would only launch that "unprobable" second opa at the same price as the first one. Conversely, the Valles…

Merca2.es

economiadigital.es

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economiadigital.es

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According to the recent report of the Board of Directors of Banco Sabadell, the Council considers that the current OPA will obtain a very low level of acceptance. And it continues to recommend to its shareholders not to accept it for these three reasons: 1.The price offered is insufficient1.The price offered is significantly lower than the value of the Sabadell Bank project alone. • The Council has analysed different valuation methods and consid…

OKDIARIO

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Citi believes that, in the probable scenario that BBVA will remain between 30% and 50% of the capital of Sabadell Bank in the hostile OPA and decides to go ahead -which forces it to launch a second offer in cash-, the action of the bank that presides Carlos Torres will suffer an important punishment on the Stock Exchange. On the contrary, if the OPA fails or if it exceeds 50%, it expects an upward reaction. "If the OPA ends up with an acceptance…