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Banco Bilbao Vizcaya Argentaria's Improved Offer for Banco Sabadell Approved by Spanish Market Regulator
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Banco Bilbao Vizcaya Argentaria's Improved Offer for Banco Sabadell Approved by Spanish Market Regulator
Sep 25, 2025 3:47 AM

06:21 AM EDT, 09/25/2025 (MT Newswires) -- Banco Bilbao Vizcaya Argentaria ( BBVA ) announced on Thursday that Spanish regulators have approved its revised takeover offer for Banco Sabadell.

The company stated that the new all-share offer is 10% higher than the previous one, noting that if more than 50% of shareholders accept, the deal will be tax-neutral in Spain.

It added that the offer period resumed from Thursday and will run until Oct. 10.

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