US EditionMore than 45% of Analysts Value Banco Sabadell Above the Price Proposed by Bbva
6 Articles
6 Articles
The hostile opa of BBVA on the Sabadell Bank has shaken the foundations of the National Securities Market Commission (CNMV). Not only for its long processing period, of 16 months, but currently the discussions within the regulator focus on what would be the fair price of a possible second opa, in case BBVA stays with between 30% and 50% of the Catalan bank and decides to go ahead with the operation. The key to the disputes between the two entiti…
BBVA’s OPA on Banco Sabadell faces its final straight. There are less than three weeks left to know the outcome of an operation that has been extended over time for almost a year and a half. The acceptance period will end next Friday, October 10, although it will not be until after seven days when the result will be known. The process has taken a turn this week with support for the operation of David Martínez, the third largest shareholder of Ba…
Within a week of the conclusion of the acceptance period of BBVA’s opa by the Sabadell on October 10, only 10% of the capital of the Vallesano bank gives clues about its positioning in the operation. The letters are still on their feet, although in the next few days more investors could be represented.Continue reading...
BBVA's president faces the final stretch of the opa to the Vallesano bank and discards a pact with the Mexican investor of Sabadell: "I deny it outright." More information: The Torres-Oliu war enters the final stretch with all the open scenarios in the opa on the Sabadell.
The sum of the minority acceptance, with that of the passive funds and the position of David Martínez, results in BBVA having tied around 10% of Banco Sabadell. Read
BBVA’s takeover bid (OPA) on Banco Sabadell, which expires next Friday, could already have attracted 10% of the capital, according to several estimates of analysts consulted by Europa Press. In a report published this week by Bankinter, analysts of the entity believe that it “seems complicated” that BBVA [...] The entry Analysts rail that 10% of the capital of Banco Sabadell could have already gone to the OPA first appears in Forbes Spain.
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- 50% of the sources lean Left, 50% of the sources are Center
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