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Banco de Sabadell ( (ES:SAB) ) has issued an update.
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has announced a modification in its voluntary public offer for acquiring shares of Banco de Sabadell, S.A. BBVA has reduced the minimum acceptance condition, allowing it to acquire more than half of the effective voting rights of Banco Sabadell. This strategic move aims to ensure compliance with regulations and enhance BBVA’s position in the financial market by potentially increasing its influence over Banco Sabadell.
More about Banco de Sabadell
YTD Price Performance: 5.21%
Average Trading Volume: 1,807,926
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €10.69B
For a thorough assessment of SAB stock, go to TipRanks’ Stock Analysis page.
