BBVA's takeover bid secures only 2.8% acceptance from Sabadell shareholders

By Yahoo! Finance   |   1 month ago
BBVA's takeover bid secures only 2.8% acceptance from Sabadell shareholders

Spain's CNMV reports that only 2.8% of Sabadell shareholders have accepted BBVA's takeover offer. The fate of remaining shareholders will be disclosed on October 17, with BBVA having options based on acceptance rates. Mexican investor supports the merger, while Zurich Insurance declines participation.

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