Sabadell Boosts Dividend Commitment Amid BBVA Acquisition Tensions

Banco Sabadell has recently announced an increase in its dividend payout promise as a strategic maneuver to fend off a potential acquisition bid from its rival, BBVA (Banco Bilbao Vizcaya Argentaria). In the competitive landscape of Spain's banking sector, this move is expected to fortify Sabadell's position and appeal to shareholders amidst ongoing speculation regarding a possible takeover.

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