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Description
STOCKSHOTS of ATMs, offices and headquarters of the four biggest Spanish banks -- Santander, BBVA, CaixaBank and Banco Sabadell -- as a stock market regulator announces that BBVA's hostile takeover bid for smaller rival Sabadell has failed, ending the prospect of it creating a new European banking colossus. The offer gained acceptance from 25.33 percent of Sabadell's shares, falling short of the minimum 30-percent threshold of voting rights needed for a possible second bid, the CNMV said in a statement. STOCKSHOTS