Board of Spain's Sabadell Bank Rejects Improved BBVA Takeover Bid
44 Articles
44 Articles
New York, USA.- The board of directors of Banco Sabadell SA rejected the public offer to acquire BBVA SA for 17 billion euros (20 billion dollars), renewing its criticism despite the improvement in the price. Last week, BBVA raised the value of its public offer of acquisition by approximately 10% in a final attempt to boost it. The acceptance deadline for Sabadell investors opened on September 8 and will end on October 10. Spain’s second largest…
The Catalan bank decides to raise the dividend and plans to pay 1.450 million this year
Its share is valued at more than 600 million euros and is the largest individual shareholder of the Catalan entity
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