Banco de Sabadell SA (BDSB.DU)
| Previous close | 1.7760 |
| Open | 1.7860 |
| Bid | 1.7740 x 0 |
| Ask | 1.8115 x 0 |
| Day's range | 1.7855 - 1.7960 |
| 52-week range | 1.0085 - 2.0970 |
| Volume | |
| Avg. volume | 0 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Bloomberg
BBVA Chair Carlos Torres Says Main Threat to Sabadell Bid Is Time
(Bloomberg) -- For Carlos Torres, architect of Spain’s first hostile banking takeover in decades, time is a far bigger obstacle than the opposition of Banco Sabadell SA’s board and the Spanish government to his €10.5 billion ($11.2 billion) bid.Most Read from BloombergBiden’s Disastrous Debate Accelerates Doubts Over CandidacyGavin Newsom Is Ready for the Biden EmergencyDemocrats Question Replacing Biden: Here’s How It Could WorkSupreme Court Overturns Chevron Rule in Blow to Agency PowerSupreme
- Reuters
Sabadell rules out M&A defence against BBVA bid, CEO says
MADRID/LONDON (Reuters) -Spain's Sabadell is not planning to try and buy a competitor as part of a potential defence strategy against rival BBVA's hostile takeover attempt, Chief Executive Officer Cesar Gonzalez-Bueno told Reuters. Spain's No. 2 lender BBVA this month stunned Spain by making the first hostile takeover attempt in Spanish banking since the 1980s, after Sabadell's board rejected an initial bid on the grounds it significantly undervalued the lender.
- Reuters
Sabadell pursues retail investors after BBVA bid turns hostile
MADRID (Reuters) -Spain's Sabadell has told its retail shareholders the bank has "excellent prospects" alone and that they may not need to make a decision about BBVA's 12.23 billion euro ($13.3 billion) hostile takeover attempt until 2025. Retail investors make up nearly half of Sabadell's shareholder structure. BBVA, whose approach turned hostile after its smaller rival rejected its initial offer, had set itself a minimum approval threshold of 50.01% of Sabadell shareholders.
