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BBVA's CEO: Bank Has Neither Intention Nor Need To Increase Price Offer For Sabadell

ReutersApr 29, 2025 10:31 AM

- Chief Executive Officer Of Spain's BBVA BBVA.MC, Onur Genc:

  • SAYS BANK HAS NEITHER THE INTENTION NOR THE NEED TO INCREASE PRICE OFFER FOR SABADELL

  • IF THE FULL-MERGER WITH SABADELL DOES NOT HAPPEN, MAJORITY OF SYNERGIES WOULD STILL BE ACHIEVED

  • EXPECTS THE WHOLE BID PROCESS WITH SABADELL TO START ONCE WE KNOW THE OUTCOME OF THE REVIEW BY SPAIN'S COMPETITION WATCHDOG CNMC

Further company coverage: BBVA.MC

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