BBVA’s takeover only achieves 2.8% acceptance by Sabadell shareholders
The CNMV has revealed that only 2.8% of Sabadell shareholders with shares deposited in the bank have accepted the takeover offer from the banking giant BBVA. Approximately 31% of Sabadell’s share capital is in the hands of clients who are also shareholders. It implies that an overwhelming 97.2% have rejected the offer, Catalan News reported….