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BRIEF-Chairman Of BBVA: Central Scenario For Sabadell Bid Contemplates Full Merger

ReutersJan 30, 2025 12:13 PM

- Chairman of Banco Bilbao Vizcaya Argentaria SA BBVA.MC, Carlos Torres:

  • CENTRAL SCENARIO FOR SABADELL BID CONTEMPLATES FULL MERGER BUT EVEN WITHOUT IT, DEAL WOULD STILL MAKE SENSE AS MOST OF SYNERGIES WOULD BE BOOKED

  • NEW BANKING TAX IN SPAIN COULD HAVE IMPACT IN THE CALENDAR OF THE DEAL WITH SABADELL BUT WOULD TRY TO MINIMIZE IT

Further company coverage: BBVA.MC

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