US EditionThe Fate Is Cast: Bbva and Sabadell Await the Result of the Opa with the Doubt About the Vote of the Institutions
7 Articles
7 Articles
Well, because finally the BBVA OPA on the Bank of Sabadell has ended, 17 months after the announcement of a friendly merger proposal, rejected by the second, which became hostile OPA as advanced in its day OKDIARIO. Pending the outcome, the majority of the market expects it to stay between 30% and 50% of the capital, which opens the scenario of a second OPA. And there the CNMV has led its umpteenth scandal, which can still get worse.Our stock ma…
Just a few days ago we learned – from a report by the BME Study Service (Spanish Bolsas and Markets) – what is happening in the Spanish economy...
BBVA’s OPA on Banco Sabadell has come to an end practically after 17 months of intense hostile battle between the two entities. This Friday the deadline for shareholders to accept the exchange of shares, which has been extended for five weeks. The period started on September 8, although as is usual in this type of process, applications are piled up in the last hours. The focus is on institutional investors, which are decisive to tip the balance …
The war between BBVA and Sabadell has been fought in the field of communication, in politics, in the legal sphere and, at times, has been accompanied by a certain personal emotion. But the victory or defeat in this financial version of Game of Thrones is addressed in the market park and it does not depend on the headlines but on the decisions of the shareholders of the Catalan entity. As in all operations of this type, the market itself has been…
Until then, BBVA, as an agent bank of the operation, will see how the opa evolves, as Spanish Stock Exchanges and Markets (BME), Iberclear and other operators...
BBVA, Banco Sabadell and the shareholders of both entities await the results of the public takeover bid (OPA) that ended on Friday, and whose final acceptance data will not be known until October 17, according to the National Securities Market Commission (CNMV).The supervisor was forced to make this [...] The BBVA and Sabadell entry await this week the results of the OPA, which the CNMV will publish on Friday appears first in Forbes Spain.
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
