Extraordinary Dividend of €2.5 Billion Sabadell Wants to Approve Could Give BBVA Option to Raise Price of Offer by Same Amount
14 Articles
14 Articles
BBVA now previews that the period of acceptance of the opa on Banco Sabadell, that is, the time that the investors of the 'opada' company have to decide whether to accept the acquisition, will open in early September and not at the end of July as they initially estimated.The objective is because the prospectus of the operation contains the most up-to-date information possible.This goes to include the semi-annual results and the two shareholders'…
BBVA foresees that the acceptance period of the Opa on the Sabadell Bank will open in early September, and not at the end of July as expected, so that the transaction prospectus will include more up-to-date information and thus prevent the acceptance of the offer from coinciding with the month of August.
The government faces an important financial commitment that could force it to disburse about 25 billion euros in 2027 to settle the debt that still carries the Sareb, the company created after the financial crisis to give way to the toxic assets of the bank. This amount, which will have to be paid to entities like BBVA, CaixaBank and Unicaja, main bondholders of the society, will become a new blow to the public accounts if it is confirmed that, …
The analysis of BBVA's offer on Banc Sabadell reveals more than just a strategic movement in the market. Read more BBVA's offer analysis on Banc Sabadell and its implications on Actualidad.es.
BBVA plans to finally launch its takeover bid for Banco Sabadell in early September, after reaching a consensus with the National Securities Market Commission (CNMV), according to market sources who spoke to Europa Press. As these sources explain, August is considered a practically unprofitable month from the perspective of the stock markets and investors, so launching it in late July or early September would pose little difference and should no…

BBVA foresees that the acceptance period of the opa on the Sabadell Bank will open in early September, and no longer by the end of July as initially calculated, so that the transaction brochure will include more up-to-date information, as BBVA sources reported this Monday.
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