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Banco Bilbao Vizcaya Argentaria Makes $12.4 Billion Hostile Bid for Banco de Sabadell After Rejection, Bloomberg Reports
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Banco Bilbao Vizcaya Argentaria Makes $12.4 Billion Hostile Bid for Banco de Sabadell After Rejection, Bloomberg Reports
May 9, 2024 5:20 AM

07:48 AM EDT, 05/09/2024 (MT Newswires) -- Banco Bilbao Vizcaya Argentaria S.A ( BBVA ) made an 11.5 billion euro ($12.4 billion) offer for Banco de Sabadell directly to shareholders after the latter rejected a similar offer made on April 30, Bloomberg reported Thursday, citing a BBVA filing.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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