Spanish Banks Takeover: Sabadell CEO Says BBVA Can't Cross 50% Threshold

You were in the middle of a massive takeover bid from BBVA to the tune of €17 billion in a revised takeover offer. Now, we know that the Sabadell Board has rejected this BBVA offer. It is now up to the shareholders.Your shareholders. You've flagged a series of risks of why this deal is not enticing enough. You've talked about the fiscal impact. You've talked about shareholder dilution. You've talked about risks to the labour force.I'm sure there's plenty of others I'm missing. Walk us through what you think ...