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BBVA Chairman on Sabadell Bid, Second Offer Possibility
Posted
October 3, 2025
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1,701
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October 3, 2025
1,701
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18:41
15:50Now PlayingBBVA Chairman Carlos Torres discusses the company's bid for Banco Sabadell and the "hypothetical scenario" in which BBVA would launch "a second offer" should the current tender offer attract less than 50% in Sabadell. BBVA is in the final days of its €17 billion ($20 billion) takeover bid, with the acceptance period for Sabadell investors running until Oct. 10. Torres speaks exclusively with Bloomberg's Kriti Gupta.
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