BRIEF-BBVA Chairman: No Room To Improve Offer For Sabadell
Jan 30 (Reuters) - Banco Bilbao Vizcaya Argentaria SA BBVA.MC:
CHAIRMAN CARLOS TORRES: WE HAVE BEEN VERY CLEAR THAT THERE IS NO ROOM TO IMPROVE OFFER FOR SABADELL
CEO ONUR GENC: IT WOULD MAKE MORE SENSE TO HOLD NEW INVESTORS DAY IN SECOND HALF OF 2025
CEO: IN THE LONG-TERM WE THINK THERE ARE BIG STRUCTURAL ADVANTAGES OF DOING BUSINESS IN MEXICO, SUCH AS LOWER MANUFACTURING COSTS
CEO EXPECTS MEXICO TO CONTINUE TO THRIVE IN THE LONG TERM
CEO: IN THE SHORT TERM WE MIGHT SEE SOME CURRENCY FLUCTUATIONS IN MEXICO BUT BANK HAS HEDGING POLICIES IN PLACE
CHAIRMAN SAYS BANK HAS SUBMITTED UNPRECEDENTED REMEDIES TO ANTI-TRUST WATCHDOG FOR SABADELL TAKEOVER BID
CHAIRMAN EXPECTS DEAL TO BE APPROVED IN COMING WEEKS
Source text: [ID:]
Further company coverage: BBVA.MC
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