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Banco Bilbao Vizcaya Argentaria ( (ES:BBVA) ) just unveiled an announcement.
BBVA has announced an amendment to its voluntary tender offer for the acquisition of Banco de Sabadell, S.A., which was initially authorized by the Spanish Securities Market Commission. The amendment involves an improved consideration for the offer, now consisting of one newly issued ordinary share of BBVA for every 4.8376 ordinary shares of Banco Sabadell. This strategic move is expected to strengthen BBVA’s market position and potentially increase its influence in the Spanish banking sector.
More about Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a major financial institution based in Spain. It operates in the banking industry, offering a wide range of financial services including retail banking, corporate banking, and investment banking. BBVA is focused on expanding its market presence and enhancing its financial offerings.
For detailed information about BBVA stock, go to TipRanks’ Stock Analysis page.