08:28 AM EDT, 05/28/2024 (MT Newswires) -- Sabadell may have until 2025 to decide on BBVA's (BBVA) 12.23 billion euro ($13.3 billion) hostile takeover bid, Reuters reported, citing a letter being sent to Sabadell shareholders this week it has seen.

(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.)