Sabadell's CEO Cesar González-Bueno told CNBC that BBVA's bid "fundamentally undervalues the bank."

El consejero delegado del banco catalán se reúne con inversores en Nueva York en el inicio del plazo de aceptación

César González-Bueno, CEO of Banco Sabadell, discusses the bank's rejection of Spanish rival BBVA's 15 billion euro ($18 billion) hostile takeover offer.

Catalan bank’s chief says offer is ‘riddled with risks and uncertainties’

Sabadell's CEO Cesar González-Bueno told CNBC that BBVA's bid "fundamentally undervalues the bank."