GQG Partners unloads BBVA shares due to Sabadell’s aggressive takeover attempt, according to FT.
GQG Partners, one of the largest shareholders of Spanish bank BBVA, has decided to sell its stake due to the bank’s pursuit of a hostile bid for domestic rival Banco Sabadell, according to a report by the Financial Times. The decision to sell was made by GQG in July, as they believed that the Sabadell … Read more