Bbva Reserves the Right Not to Merge if There Is a Deterioration of the Economy or Changes in the Business of Sabadell

20minutos

Center

Factuality

Ownership

BBVA expects in its central scenario to merge Banco Sabadell by the end of 2028 or the beginning of 2029 at the latest. The Basque origin group trusts that the government will not extend the veto to the merger once the three years stipulated by the Council of Ministers has expired, which has left the door open to extend this measure for two more years. Absorption is an indispensable requirement for the team led by Carlos Torres if it wants to ob…

Eldiario.es

Lean Left

Factuality

Ownership

This week, the Basque bank will have to reveal if the offer goes up, although it still has time to extend the acceptance period, give itself more time and the shareholders of its competitorThe Board of Banco Sabadell recommends shareholders not to go to the BBVA OPA because it is "insufficient" BBVA's offer of purchase (OPA) is in its final line, but that does not mean that it is all said. On the contrary, there are still many unknowns flying ov…

Consenso del Mercado

Factuality

Ownership

Market Consensus CdM BBVA's Board of Directors has agreed to improve the offer addressed to the shareholders of Banco Sabadell by 10%1. In addition, the consideration becomes entirely in shares, so shareholders with capital gains would not tax in Spain if the acceptance exceeds 50% of the voting rights of Banco Sabadell, since the transaction would be fiscally neutral in that case. Likewise, the Board of Directors has agreed to waive so much th…

Libertad Digital

Factuality

Ownership

BBVA’s board improves its offer by 10% to convince Sabadell’s shareholders of its OPA

elconciso.es

Factuality

Ownership

The Basque bank improves the equation of exchange to 1x4,8376 shares and makes the exchange entirely in securities

La Vanguardia

Factuality

Ownership

BBVA has just made a move in the opa that has been denying for 16 months: it has improved the offer by the Catalan bank by 10%. Although regarding the closing of Friday, the premium offered is 1.5%. At the meeting of the board of directors of the bank held yesterday, the governing body of the entity has raised the offer by increasing the payment only in shares to neutralize the negative tax impact for those who go to the opa.Continue reading...