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Banco Bilbao Vizcaya Argentaria ( (ES:BBVA) ) has shared an update.
BBVA has announced the conclusion of its voluntary tender offer for Banco de Sabadell, aiming to acquire more than half of the voting rights in Banco Sabadell. The offer’s success hinges on the acceptance of at least 2,498,699,000 shares, excluding treasury shares, to meet the minimum acceptance condition, thus potentially strengthening BBVA’s market position and influence in the Spanish banking sector.
More about Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria (BBVA) is a multinational financial services company based in Spain, operating primarily in the banking industry. It offers a wide range of financial products and services, including retail banking, corporate banking, asset management, and insurance, with a strong focus on digital transformation and innovation in financial services.
For a thorough assessment of BBVA stock, go to TipRanks’ Stock Analysis page.