{"id":177486,"date":"2025-10-17T09:29:14","date_gmt":"2025-10-17T09:29:14","guid":{"rendered":"https:\/\/teknomers.com\/en\/oliu-sabadell-expresses-being-surprised-by-the-outcome-of-the-takeover-bid-and-meets-with-illa-to-thank-him-for-his-support\/"},"modified":"2025-10-17T09:29:14","modified_gmt":"2025-10-17T09:29:14","slug":"oliu-sabadell-expresses-being-surprised-by-the-outcome-of-the-takeover-bid-and-meets-with-illa-to-thank-him-for-his-support","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/oliu-sabadell-expresses-being-surprised-by-the-outcome-of-the-takeover-bid-and-meets-with-illa-to-thank-him-for-his-support\/","title":{"rendered":"Oliu (Sabadell) expresses being “surprised” by the outcome of the takeover bid and meets with Illa to thank him for his support."},"content":{"rendered":"\n
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Shocking Outcome: BBVA’s Failed Bid for Banco Sabadell<\/h2>\n

The results of BBVA’s \u00a0offer\u00a0 for \u00a0Banco Sabadell\u00a0 took both financial entities by surprise. In a recent radio interview, \u00a0Josep Oliu\u00a0, the president of the Catalonian bank, expressed astonishment at the bid’s outcome. \u201cI truly don\u2019t know who was more surprised,\u201d Oliu remarked during his conversation with \u00a0Carlos Torres\u00a0, the president of BBVA, following the revelation of the bid results. \u201cWe didn\u2019t expect this. The outcome was very clear,\u201d he stated, as reported by Europa Press.<\/p>\n

<h2>Market Expectations and Realities<\/h2>\n<p>Despite being speculated in market forecasts, the final outcome was not the most anticipated in recent days. Many analysts expected a more temperate acceptance rate between \u00a030% and 50%\u00a0, which would pave the way for a secondary offer. Ultimately, the \u00a0CNMV\u00a0 disclosed that BBVA\u2019s exchange offer garnered only \u00a025.47%\u00a0 acceptance from eligible shareholders.<\/p>\n\n<h2>Understanding Market Sentiment<\/h2>\n<p>When pressed about the missteps made by BBVA during this acquisition attempt, Oliu highlighted a crucial factor: \u201cPerhaps it was the \u00a0failure to understand the attachment\u00a0 that Sabadell has with its clientele.\u201d He noted that the client base rejected the notion of losing their bank as an independent entity, especially one dedicated to small and medium enterprises. This non-numerical aspect of the merger, he added, may not have been fully grasped by BBVA initially but is now clearly recognized.<\/p>\n\n<h2>Reactions from Political Leaders<\/h2>\n<p>In a parallel radio interview on Catalunya R\u00e0dio, \u00a0Salvador Illa\u00a0, the president of the \u00a0Catalonian government\u00a0, announced plans to meet with Oliu. Illa, who was one of the first to react to the CNMV announcement, considered the failure of BBVA\u2019s bid a confirmation of what has always been advocated: a banking system suited to the realities of Catalonia and its business fabric.<\/p>\n\n<h2>The Catalonian Government's Stance<\/h2>\n<p>The regional government has consistently opposed BBVA\u2019s proposal, stating it concerns a financial entity that \u201coriginated in Catalonia\u201d and holds significant importance for the local business ecosystem. Drawing attention to BBVA's contributions in the region, Illa acknowledged their \"well-executed work\" and expressed the desire for them to continue such efforts.<\/p>\n\n<h2>Banco Sabadell's Future<\/h2>\n<p>Following the announcement regarding the government's meetings, Banco Sabadell issued a public statement thanking its shareholders, customers, and employees for their support during the bid. In their communication, Oliu, alongside CEO \u00a0C\u00e9sar Gonz\u00e1lez-Bueno\u00a0, stressed that the Catalonian institution could create \u201cgreater value\u201d as an independent entity. Sabadell now aims to continue its solo journey, having served its clients for over \u00a0144 years\u00a0.<\/p>\n\n<h2>Profitability Goals and Strategic Plans<\/h2>\n<p>The bank has set ambitious targets, stating its intent to increase profitability to \u00a016% by 2027\u00a0. Additionally, they plan to reward shareholders with a payout of \u00a0\u20ac6.45 billion\u00a0 by that timeframe, representing \u00a040%\u00a0 of their market value, as highlighted in their latest strategic plan. The majority rejection from their shareholders concludes 17 months of uncertainty, marking an optimal resolution for all parties involved.<\/p><\/code><\/pre>\n<\/div>\n

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General News – 2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Actualizado Viernes, 17 octubre 2025 – 09:55 Shocking Outcome: BBVA’s Failed Bid for Banco Sabadell The results of BBVA’s \u00a0offer\u00a0 for \u00a0Banco Sabadell\u00a0 took both financial entities by surprise. In a recent radio interview, \u00a0Josep Oliu\u00a0, the president of the Catalonian bank, expressed astonishment at the bid’s outcome. \u201cI truly don\u2019t know who was more […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23832],"tags":[36724],"class_list":["post-177486","post","type-post","status-publish","format-standard","hentry","category-finance","tag-economia-empresas"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/177486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=177486"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/177486\/revisions"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=177486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=177486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=177486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}