BBVA Adjusts Tender Offer for Banco Sabadell Post-Dividend

Banco Bilbao Vizcaya Argentaria ( (ES:BBVA) ) has shared an announcement.

BBVA has announced an adjustment to its voluntary tender offer for Banco de Sabadell, following the latter’s interim dividend payment. The consideration for the offer is now set at one newly issued BBVA share and €0.70 in cash for every 5.5483 Banco Sabadell shares, maintaining the economic terms of the offer post-dividend.

More about Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria (BBVA) is a prominent financial institution operating in the banking industry, offering a range of financial services including retail banking, asset management, and corporate banking. The company is focused on expanding its market presence and enhancing its service offerings.

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