US EditionBbva Plans to Buy Stock of Sabadell in Stock Exchange After the Opa
6 Articles
6 Articles
BBVA keeps an ace in the sleeve if the result of the hostile opa launched on the Sabadell Bank is not the desired one. It would be a question of buying stock directly on the Stock Exchange if after the current operation it remains with a percentage of 30% to 50% and still does not reach the control after the subsequent mandatory opa in cash. In the prospectus of the offer, the entity contemplates for that supposed “acquire in the market or by an…
With an unusual delay for a supposedly liberalized economy, the shareholders of Sabadell Bank will finally be able to pronounce from this Monday on whether they are interested or...
The American legislation obliges BBVA to communicate any modification of the conditions ten working days before the end of the opa. More information:Torres trusts everything to reach 50% of the Sabadell although it must wait for 2029 for the merger by the veto of the government.
The high probability that BBVA will have to launch a second OPA on Sabadell Bank in cash - which will happen if the offer that begins today stays between 30% and 50% of the capital - poses a dilemma to investors that can cause a shocking failure of the operation: if it is better to wait for an eventual second OPA to get a higher price.It is a dilemma of game theory similar to the popular dilemma of the prisoner.
Launching an opa involves mobilizing large institutional funds, small shareholders, analysts, employees and customers. It is a gigantic task, which always falls on a number of...
MADRID, 7 (EUROPA PRESS) BBVA plans to open tomorrow Monday the acceptance period of its hostile OPA on Sabadell after more than a year and a half since announcing its intention to acquire the bank and to launch an offer to shareholders. The expected exchange, having changed up to three times [...] The BBVA ticket will launch tomorrow its OPA on Sabadell after more than a year and a half since its announcement appears first in Forbes Spain.
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