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Sabadell offers Escotet to replace Oliu in 2028 in exchange for a quick merger with Abanca

Summary by OKDIARIO
The Sabadell Bank is looking for an acquisition that will free it from the OPA announced by BBVA. Unicaja has always been its first option, but the Andalusian bank is not for the job and would need a time that it does not have to reach an agreement. So it has sought Plan B of the Galician Abanca, which does not list and has a shareholder that controls 85%, which would allow Sabadell to close the operation very quickly. To convince Juan Carlos Es…
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OKDIARIO broke the news in on Tuesday, May 13, 2025.
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