Madrid, Oct 16, 2025 (AFP) - Spain's BBVA fails in Sabadell takeover bid

NAMPA / AFP
2025-10-16
Spanish banking giant BBVA's hostile takeover bid for smaller rival Sabadell has failed, dashing its hopes of creating a new European sector colossus, the stock market regulator announced on Thursday. The offer gained acceptance from 25.33 percent of Sabadell's shares and fell short of the minimum 30-percent threshold of voting rights needed for a possible second bid, the CNMV said in a statement. "As a result, the public offer has had a negative......
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