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BBVA president Carlos Torres at a press conference, looking disappointed while announcing the failed takeover of Banco Sabadell, with bank logos in the background.
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BBVA's takeover bid for Banco Sabadell fails with only 25% acceptance

Von KI berichtet Bild generiert von KI

BBVA's hostile takeover bid (OPA) to absorb Banco Sabadell has failed after 17 months, securing only about 25% acceptance of the capital, below the 30% minimum threshold set. This marks the second failure for BBVA president Carlos Torres, following an unsuccessful attempt in 2020. Rejection from shareholders, regulators, and the Spanish government has shaped the outcome of this banking battle.

Shares of Japanese chip parts maker Rohm surged 18% on Friday, marking the largest daily gain in 26 years, after receiving an acquisition proposal from auto parts supplier Denso. The stock hit its daily upper limit of ¥3,243 at close in Tokyo. Rohm has not made any specific decisions on the bid, the company stated.

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