3 October 2025
Banco Sabadell Chief Executive Officer Cesar Gonzalez-Bueno discusses the lender's rejection of a takeover bid from rival BBVA. The €17 billion ($20 billion) tender offer will end on Oct. 10 and BBVA has been pulling out all the stops to sway investors.
BBVA is seeking to obtain at least 50% of Sabadell, a threshold which Gonzalez-Bueno says is "unattainable." He talks with Bloomberg's Kriti Gupta. 00:00 BBVA bid: "impossible to get to the 50% acceptance in the first offer"
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