May 9 (Reuters) - Chairman Of Spain's BBVA, Carlos Torres:

* BELIEVES DEAL WITH SABADELL MAKES STRATEGIC SENSE, BUSINESSES ARE COMPLEMENTARY

* AIMS TO PRESERVE THE BEST OF BOTH INSTITUTIONS, HAS EXPERIENCE IN INTEGRATIONS

* SAYS IT IS VERY ATTRACTIVE TRANSACTION FOR SHAREHOLDERS OF BOTH BANKS BUT ALSO FOR CLIENTS Further company coverage: (Reporting By Madrid Newsroom)