Sabadell board meets to consider BBVA’s $13 billion offer, sources say By Reuters

By Jesús AguadoMADRID (Reuters) -Sabadell’s board will meet on Monday to discuss an all-share offer from larger Spanish bank BBVA (BME:) that was worth around 12 billion euros ($12.9 billion) when announced last week, two sources familiar with the matter said.BBVA said on May 1 it had proposed offering one newly issued share for every 4.83 Sabadell shares, a premium of 30% over the smaller…