Spanish bank BBVA’s €17bn hostile takeover attempt of smaller rival Banco Sabadell has collapsed, with the lender managing to secure just a quarter of its target’s shares — a stinging setback for executives who had bet their reputations on the merger. The result marks a personal defeat for BBVA chair... The post Spain’s BBVA fails in its bid to take control of Banco Sabadell appeared first on Spain in English.
