BBVA Chairman Says He Has No Intention of Sweetening Sabadell Offer

BBVA Chairman Carlos Torres discusses the firm's €10 billion ($10.7 billion) hostile bid for Banco Sabadell as he races to persuade stakeholders of the merits of a deal that would create a giant with more than €1 trillion in assets. "We have no intention and we have no need to improve the offer," Torres told Bloomberg's Kriti Gupta. "It's very rich comparing with precedents."

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Видео BBVA Chairman Says He Has No Intention of Sweetening Sabadell Offer канала Bloomberg Television