Sabadell

Sabadell loses 1.1 billion in stock market after BBVA takeover failure

After the failure of BBVA's takeover bid (OPA) on Banco Sabadell, Sabadell shares fell 6.78% on Friday, losing over 1.1 billion euros in market value. In contrast, BBVA shares rose 5.9%, recovering 5.475 billion euros. The market rewarded BBVA for removing capital risks and announcing historic dividends.

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