US EditionBBVA to Readjust Sabadell Takeover Bid Exchange Ratio at End of Month
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BBVA to readjust Sabadell takeover bid exchange ratio at end of month
The Corner Link Securities | BBVA (BBVA) will readjust the exchange ratio of its takeover bid for 100% of the capital of Banco Sabadell (SAB) at the end of the month to update the offer, as SAB will distribute a new cash dividend of 7 euro cents per share to its shareholders on 29 August, according to Cinco Días newspaper. The bank will thus move from offering one BBVA share plus 70...
Market Consensus Link Securities BBVA (BBVA) will again adjust at the end of the month the exchange equation of its OPA launched on 100% of the capital of the Sabadell Bank (SAB) to update the offer, since SAB distributes to its shareholders on 29 August a new cash dividend of 7 cents of euros per share, according to the daily Five Days. In this way, the entity will go from offering a stock of BBVA plus 70 cents of [...]
BBVA will adjust again at the end of this month the equation of exchange of the opa to Sabadell Bank to update the offer, since the Catalan entity distributes to its shareholders on 29 August a new cash dividend of 7 cents of euros per share. Read
BBVA will adjust again at the end of this month the equation of exchange of the opa to Sabadell Bank to update the offer, since the Catalan entity distributes to its shareholders on 29 August a new cash dividend of 7 cents of euros per share.
Someone might think that the executive could penalize this decision of the Basque bank in many ways, but the reality is that BBVA already does a lot of...
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