M&A Activity • Sep 3, 2024
M&A Activity
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RNS Number : 6811C
Banco Bilbao Vizcaya Argentaria SA
03 September 2024
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in accordance with the provisions of the Securities Market legislation, hereby communicates the following:
INSIDE INFORMATION
Further to the Inside Information published on May 9, 2024 with registration number at the Spanish CNMV 2241, in relation to the voluntary tender offer (the "Offer") launched by BBVA for the entire share capital of Banco de Sabadell ("Banco Sabadell"), BBVA informs that, on September 2, 2024, it has received the authorization from the Prudential Regulation Authority ("PRA") for BBVA´s indirect acquisition of control of TSB Bank plc, Banco Sabadell's banking subsidiary in the United Kingdom, as a result of the Offer.
The obtaining of the PRA's authorization is one of the conditions to which the Offer was subject.
Madrid, September 3, 2024
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