BBVA’s Hostile Bid for Banco Sabadell Shakes Up Spanish Banking

In early May, BBVA launched an unexpected hostile takeover bid for Banco Sabadell, startling Spain’s financial sector. This bold move, the first of its kind in four decades, targeted a bank key to Catalonia’s economy. Initially, Sabadell stayed silent but soon openly rejected the bid. They revealed private talks, showing their dissent, and filed a […]