BBVA launches hostile bid for Sabadell


Spain’s second-largest bank, the BBVA, has announced a hostile takeover bid for the Sabadell, three days after an earlier approach was rejected.

The new bid would be carried out under the same conditions as the merger proposal which was turned down by Sabadell’s board of directors this week, according to the BBVA.

Full report in Friday’s Costa Blanca News

Read more in this week’s print edition or go to e-paper


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