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Correction: Market Chatter: Sabadell Board Meets to Discuss BBVA Acquisition Offer
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Correction: Market Chatter: Sabadell Board Meets to Discuss BBVA Acquisition Offer
May 6, 2024 11:36 AM

02:11 PM EDT, 05/06/2024 (MT Newswires) -- (Corrects Sabadell's name in the headline and first paragraph.)

Banco de Sabadell's board was meeting Monday to discuss an all-share offer from Banco Bilbao Vizcaya Argentaria S.A ( BBVA ) that was worth about 12 billion euros ($12.9 billion) when the proposed deal was announced last week, Reuters reported, citing two sources familiar with the matter.

(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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