New Economy Forum with Josep Oliu and César González-Bueno
César González-Bueno: “This takeover bid has created a lot of confusion. There are things that BBVA needs to clarify”
New Economy Forum with Josep Oliu and César González-Bueno
Josep Oliu and César González-Bueno: “Personally, we won’t sell our shares at any price. Our expectations for the Bank’s growth are so high they won’t be able to offer a price that could match its potential”.
New Economy Forum with Josep Oliu and César González-Bueno
Josep Oliu: “BBVA’s offer is weak; the Bank’s share price would be 30% or 40% higher than the proposed offer”.
New Economy Forum with Josep Oliu and César González-Bueno
César González-Bueno: “Banco Sabadell’s value has multiplied twelvefold in the past five years, making it the best-performing bank in Europe. After rejecting the first merger proposed by BBVA”
New Economy Forum with Josep Oliu and César González-Bueno
César González-Bueno: “80% of Banco Sabadell’s shares are deposited with Banco Sabadell. Of that percentage, as of now, 0% of shareholders have taken up the offer.”
New Economy Forum with Josep Oliu and César González-Bueno
César González-Bueno: “Since the tender offer was first put forward, our share price has appreciated by 100%. A small depreciation of 5%, which is also in line with the sector, is not meaningful”
New Economy Forum with Josep Oliu and César González-Bueno
Josep Oliu: “The merger offer that BBVA sent us in April 2024 was not an authentic offer, because it was non-negotiable”
New Economy Forum with Josep Oliu and César González-Bueno
Josep Oliu: BBVA has most of its business in emerging countries. This is a factor that shareholders must consider before making a decision
New Economy Forum with Josep Oliu and César González-Bueno