Ticker: BNDSF

BBVA raises its all-share bid for Banco Sabadell 10% to ~€19.5B - swap 1 BBVA:4.8376 Sabadell (€3.39/sh); selling shareholders get 15.3% of BBVA. Deal lifts Sabadell EPS ~41%, BBVA EPS ~3%; CNMV review pauses acceptance; TSB sale key.

Shareholders of Banco de Sabadell have backed CEO César González-Bueno amid a takeover bid from BBVA, ensuring leadership stability for four more years. This endorsement, alongside a new shareholder return policy, signals avenues for potential stock performance amidst industry changes.