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BBVA BBVA Bilbao Vizcaya Argentaria SA

10.59
0.17 (1.63%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
BBVA Bilbao Vizcaya Argentaria SA NYSE:BBVA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.17 1.63% 10.59 10.64 10.40 10.56 3,617,295 01:00:00

Sabadell Board Ends Talks With BBVA on Potential Merger

27/11/2020 6:30am

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BBVA Bilbao Vizcaya Arge... (NYSE:BBVA)
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   By Olivia Bugault 
 

Banco de Sabadell SA said Friday that its board of directors has decided to terminate talks with Banco Bilbao Vizcaya Argentaria SA over a potential merger.

The board's decision is due to the fact that "the parties have not achieved an agreement on the exchange ratio of both entities," the Spanish bank said.

On Nov. 16, BBVA had announced that it was in discussions with its Spanish peer and that the pair had started a due-diligence process and appointed external advisors.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

November 27, 2020 01:15 ET (06:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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