UNCOOKED ALERT: Banco de Sabadell said to ... - Part 7

After threatening to launch a hostile takeover for Banco de Sabadell via the Spanish media a week ago, BBVA, Spain's second largest bank, has actually now launched a hostile offer for its smaller rival.

BBVA has formally filed an all share offer in a voluntary tender that has similar terms to its previous bid for Banco de Sabadell. Below is a link to the Bloomberg report on the filing:..