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BBVA Launches Tender Offer for Banco de Sabadell

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BBVA Launches Tender Offer for Banco de Sabadell

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Banco Bilbao Vizcaya Argentaria ( (ES:BBVA) ) just unveiled an announcement.

BBVA has announced a voluntary tender offer for the entire share capital of Banco de Sabadell, which has been authorized by the Spanish Securities Market Commission. The offer involves an exchange of newly issued BBVA ordinary shares for Banco Sabadell shares, with an improved consideration ratio. BBVA has published an exemption document and its supplement, which do not require a prospectus under EU regulations, to facilitate this transaction.

More about Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria (BBVA) is a major financial institution operating in the banking industry. It provides a wide range of financial services including retail banking, corporate banking, and asset management. BBVA primarily focuses on markets in Spain and Latin America.

For an in-depth examination of BBVA stock, go to TipRanks’ Overview page.

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