BBVA fails in €17bn takeover battle for smaller Spanish rival Sabadell

The bid only convinced shareholders representing 25.47% of Sabadell voting rights. That was far short of the 50% BBVA needed for the deal to pass outright.

BBVA fails in €17bn takeover battle for smaller Spanish rival Sabadell
The bid only convinced shareholders representing 25.47% of Sabadell voting rights. That was far short of the 50% BBVA needed for the deal to pass outright.

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