Zurich Insurance, Second Shareholder of Sabadell, Announces that It Will Not Go to Bbva’s Opa

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The second shareholder of Banco Sabadell, Zurich Insurance, announced this Tuesday that it will not go to the OPA launched by BBVA on the Catalan entity. The company warns that the current offer does not represent an attractive proposal for the shareholders of Sabadell beyond the perspectives of the entity itself", has pointed out the insurer in a statement sent to EFE.The company, which owns about 5% of the shares of the entity Vallesana -only …

abc

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The insurer, which is a partner of the Catalan entity, rejects the operation because it is not an attractive offer

El Pais

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The insurance company holds 5% of the capital of the Catalan entity, only behind the BlackRock fund, with 7%

El Mundo

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Banco Sabadell has written down what his CEO, César González-Well, denounced yesterday in relation to the possibility of investors...

eldiariodechihuahua.mx

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One of the main investors of Banco Sabadell announced that it will reject BBVA’s offer by its local rival, which increases the uncertainty about the operation of 17 billion euros just three days after its closure. The offer “does not offer an attractive proposal,” said today a spokesman of Zurich Insurance Group AG. The firm owns almost 5% of Sabadell. The announcement comes a week after another influential investor, David Martínez, said it will…