BBVA’s Relentless Pursuit of Sabadell Upends Spanish Banking

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Banco Bilbao Vizcaya Argentaria SA’s second attempt to buy Banco de Sabadell SA isn’t proving popular.

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BBVA Approaches Sabadell Over Potential Spanish Bank MergerBanco Bilbao Vizcaya Argentaria SA has told Banco Sabadell SA that it’s interested in exploring an acquisition, in what could be one of the largest European banking deals in years.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Sabadell Favors Opening Talks With BBVA About Takeover, Sources SayBanco Sabadell SA is leaning towards starting takeover talks with larger rival Banco Bilbao Vizcaya Argentaria SA, people familiar with the matter said, potentially taking a first step in a process that could end up creating a new Spanish banking behemoth.
Source: BNNBloomberg - 🏆 83. / 50 Read more »