The Cnmv Authorizes the Bbva Opa on Banco Sabadell
40 Articles
40 Articles
OPA starts on Tuesday and ends on October 7th. BBVA remains opposed to paying Saturday's shareholders, which criticises the value of the offer. "It's worse than 2024".
The stock market supervisor validates the mixed offer of securities and cash without requiring improvements in the price proposed by the entity presided over by Carlos Torres in his offer on the shares of the Catalan bank
The National Securities Market Commission (CNMV) has authorized BBVA’s opa on Sabadell Bank.
In the brochure BBVA estimates that it could close up to 300 offices, 10% of the network, and that it intends to make staff adjustments once it can merge the entities, although it does not need the size of the cut
The council of the regulatory body authorizes the last prospectus, consisting of a new issue of BBVA and 0.70 euros in cash for every 5,5483 shares of the Catalan entity: 'Enough'.
The National Securities Market Commission (CNMV) has authorized the BBVA OPA on Banco Sabadell by means of an exchange of shares of 1 title of the first for every 5,5483 titles of the second plus a component of 0,7 euros in cash. The supervisor gives his approval to the operation "by understanding its terms in accordance with the current rules and considering sufficient the content of the explanatory brochure presented after the last modificatio…
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