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BBVA, Sabadell clash heats up ahead of takeover deadline
BBVA, Sabadell clash heats up ahead of takeover deadline
by  AFP

Tensions mounted ahead of the closing on Friday of Spanish banking giant BBVA's hostile takeover bid for smaller national rival Sabadell whose uncertain outcome will be announced on October 17. Shareholders have until Friday at 23:59 (2159 GMT) to accept or reject the offer whose outcome remains uncertain due to the large number of small Sabadell shareholders.

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