BBVA formally initiated its hostile takeover bid for Sabadell on September 8, 2025, with the proposal's total value increasing from €12.2 billion on April 29, 2024, to €17.4 billion. This marks a significant step in BBVA's pursuit of its smaller rival.
The formal launch of the bid means that Sabadell shareholders now have a defined period to consider and respond to BBVA's offer. This move follows previous rejections from Sabadell's board, indicating BBVA's determination to proceed directly to shareholders.
For investors, this signifies BBVA's unwavering commitment to gaining scale in the Spanish banking market. The increased valuation reflects BBVA's efforts to make the offer more attractive, aiming to overcome resistance and create a larger, more competitive entity.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.