02:47 PM EDT, 10/16/2025 (MT Newswires) -- Banco Bilbao Vizcaya Argentaria's ( BBVA ) $19 billion bid for Banco Sabadell did not receive the necessary votes from Sabadell shareholders, Bloomberg reported Thursday.

The lender needed investors to tender at least 30% of Sabadell's voting rights to proceed with the takeover effort but got just 25.47%, according to the report.

Banco Bilbao Vizcaya Argentaria ( BBVA ) did not immediately reply to a request for comment from MT Newswires.

Shares were up 7.9% in recent afternoon trading.

(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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