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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 Banco de Sabadell, changing the consideration to an entirely share-based exchange. The revised offer involves exchanging one BBVA ordinary share for every 4.8376 Banco Sabadell shares, with no further improvements to the offer or extension of the acceptance period planned. This strategic move could potentially strengthen BBVA’s market position by integrating Banco Sabadell’s operations, offering potential synergies and expanded market reach.
More about Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria (BBVA) is a prominent financial institution operating in the banking industry, primarily offering a wide range of financial services including retail banking, corporate banking, and asset management. The company is focused on expanding its market presence and enhancing its service offerings through strategic acquisitions and partnerships.
Find detailed analytics on BBVA stock on TipRanks’ Stock Analysis page.