BBVA vs. Sabadell: Hostile Takeover in Spain

A $17 billion bank battle is raging in Spain! BBVA has launched a hostile takeover bid for Sabadell, aiming to create the country's second-largest bank. Sabadell shareholders have until October 7th to decide if they'll accept BBVA's offer of cash and shares. Will they bite, or will BBVA sweeten the deal despite their claims? The outcome, expected by October 14th, could reshape Spain's entire banking landscape. Hosted on Acast. See acast.com/privacy for more information.