TSB owner Sabadell hit with hostile £10.5bn takeover bid from Spanish bank BBVA
![TSB owner Sabadell hit with hostile £10.5bn takeover bid from Spanish bank BBVA](https://i2-prod.mirror.co.uk/money/article32773108.ece/ALTERNATES/s615/0_a-tsb-bank-on-cheapside-london-tsb-owner-sabadell-has-received-a-hostile-takeover-bid-from-fellow-spanish-bank-bbva.jpg)
BBVA has said it will take its offer directly to shareholders in its Spanish rival after a proposal on the same terms was rejected by Sabadell's board earlier this week
BBVA has said it will take its offer directly to shareholders in its Spanish rival after a proposal on the same terms was rejected by Sabadell's board earlier this week