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BBVA Sweetens Sabadell Bid | Global Finance Magazine

[ad_1] Spain’s second-largest bank is edging closer to creating Europe’s third-largest lender by market value, behind only HSBC and Santander. BBVA has raised its hostile takeover offer for Banco Sabadell by 10% to €17 billion (about $20 billion). The revised allshare proposal—one BBVA share for every 4.8376 Sabadell shares—would eliminate …

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