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Sabadell CEO Rules Out M&A Defence Against BBVA Bid

Sabadell CEO Rules Out M&A Defence Against BBVA Bid
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Sabadell rules out defending itself against BBVA takeover bid with acquisition

Spanish bank Sabadell has no plans to try to buy a competitor as part of a possible defense strategy against a hostile takeover attempt by rival BBVA, CEO Cesar Gonzalez-Bueno has told Reuters. .

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Sabadell CEO rules out M&A defence against BBVA bid

By Jesús Aguado and Andres Gonzalez 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.

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Spanish bank BBVA seeks authorisation of hostile takeover bid for Sabadell

Spanish bank BBVA seeks authorisation of hostile takeover bid for Sabadell
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