US EditionSabadell Minorities Point to Possible "Hidden Pacts" Between David Martínez and Bbva
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BBVA president Carlos Torres has denied that there is any agreement with Sabadell director and shareholder David Martínez to take part in the takeover bid for the Catalan entity. “The rumour is absolutely unfounded, among other things, because the takeover bid law is very clear and what is offered must be offered to all shareholders. We could hardly have offered him anything different from what we have offered to the rest because the consequence…
BBVA's president, Carlos Torres, has denied that an agreement has been reached with the shareholder and advisor of Banco Sabadell, David Martínez, to go to the OPA for the Catalan entity."The rumor is absolutely unfounded, among other things, because the law of OPAS is very clear about it and what is offered must be offered to all the shareholders. With this we could hardly have offered him anything that we would not have offered to others becau…
BBVA’s president, Carlos Torres, has denied that an agreement has been reached with Sabadell’s shareholder and advisor, David Martínez, to go to the OPA by the Catalan entity. “The rumor is absolutely unfounded, among other things, because the OPA law is very clear about it and what it is [...] The BBVA entry, about the rumor of an agreement with David Martínez in Sabadell’s OPA: “It is absolutely unfounded” appears first in Forbes España.
Carlos Torres claims that one third of Sabadell's shares in BBVA have already come to the offer The minority of Sabadell distrust David Martínez's motives to accept the opa
BBVA President Carlos Torres expressed confidence in overcoming the 50% threshold of acceptance in the Public Procurement Offer (OPA) launched on Sabadell Bank, in an interview given to Rafa Latorre in La Brújula. Torres insisted on the strategic and financial appeal of the operation to shareholders and minimized the impact of recent political uncertainty and administrative constraints. Seven days after the deadline for acceptance, Torres said t…
Álvaro Romero Mateu Market Consensus (Singular Bank) The main European indices have had a positive session with the exception of IBEX 35 that has closed with a decrease of 0.4% and the FTSE 100 of the United Kingdom that has dropped by 0.24%. In Europe, the Euro Stoxx 50 has closed with an increase of 1.1% supported by the automotive and technology sector, the German Dax has increased by 1.3%. Asian markets have closed in positive, has highligh…
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