Sabadell rejects BBVA's £1.7bn takeover bid
Banco Sabadell's board unanimously rejects BBVA's acquisition offer, declaring it undervalues the bank amid Spanish banking consolidation talks.
Banco Sabadell's board unanimously rejects BBVA's acquisition offer, declaring it undervalues the bank amid Spanish banking consolidation talks.
Spain’s Banco Sabadell has turned down a €12bn acquisition offer from rival Santander, sparking speculation over future banking consolidation in Europe.