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BBVA SA has decided to maintain its takeover offer for Banco Sabadell SA despite investor backing for the rival’s decision to sell its UK unit TSB.
Banco Bilbao Vizcaya Argentaria ( ($ES:BBVA) ) has issued an announcement. BBVA has announced its decision to maintain its voluntary tender offer ...
Spain's BBVA said on Thursday it was revising expected cost and funding synergies from its takeover bid for Sabadell , citing ...
Spanish bank BBVA said Monday that it would still pursue its takeover of rival Banco Sabadell, despite facing a series of regulatory and political hurdles since launching the hostile bid last year.
Sabadell shareholders on Wednesday unanimously approved the sale of its TSB business in Britain to Santander , which analysts ...
The larger bank said it still believed the transaction created value for shareholders of both entities even though Madrid’s conditions would delay the implementation of synergies.
BBVA (BME: BBVA )’s pursuit of its smaller competitor, which has lasted for a year, has encountered resistance from ...
BBVA did not want to pay more than 2.5 billion euros for Sabadell, while Sabadell was not willing to accept anything less than 3 billion euros, the source said, with the difference partly down to TSB.
BNP Paribas SA, long the European Union's most valuable bank, has dropped to fifth place, highlighting how its stock is ...
BBVA (NYSE: BBVA) has reported a positive operating momentum in recent quarters, but its recent attempt to buy its competitor Banco Sabadell (OTCPK:BNDSY) has been negative for its share price and ...
Sabadell’s stance could just be the first step in longer-term negotiations. BBVA previously approached Sabadell about a merger in 2020, when the deal again broke down because of price. Unfriendly ...
If a BBVA/Sabadell deal goes ahead, the new bank would have nearly 600 billion euros ($710.52 billion) in assets in Spain and a combined market value, based on Monday's closing share prices, of 26 ...