04-07-2025
Sabadell Calls Two Shareholder Meetings For TSB Deal, Dividend
Banco Sabadell SA has called two shareholders meetings as it seeks to approve an extraordinary dividend after agreeing to sell it's UK unit — part of its broader attempt to block a takeover by larger rival BBVA SA.
Sabadell plans to hold both meetings on Aug. 6, one to authorize the sale of its TSB unit and the other to approve an extraordinary cash dividend payment of €0.50 per share, it said in a regulatory filing Thursday evening.
