Spain’s BBVA launches rare hostile takeover bid for rival Sabadell

A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the … Read more