BBVA Adjusts Offer for Banco de Sabadell Post-Dividends

Banco Bilbao Vizcaya Argentaria (ES:BBVA) has released an update.

Banco Bilbao Vizcaya Argentaria (BBVA) has adjusted the terms of its offer for Banco de Sabadell following dividend payments. The new offer terms include an exchange of one BBVA share plus a cash addition of €0.29 for every 5.0196 shares of Banco de Sabadell, ensuring the offer remains economically equivalent to the initial terms despite the dividends.

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