1149 GMT - Sabadell's potential sale of its U.K. subsidiary isn't expected to have any effect on the price BBVA put forward in its all-share takeover offer, BBVA's chair says. "I don't think this is the right time to carry out the sale of such a significant asset at this time," Carlos Torres Vila tells Spanish radio station Onda Cero. Sabadell has said that it received interest for its TSB unit. Torres Vila says that the takeover would still be interesting even if the transaction goes ahead without the entities being able to fully merge. "The operation also makes enormous sense because we can have coordinated management that allows us to extract much of the value we have planned," he says. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
June 18, 2025 07:50 ET (11:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。