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Spain's BBVA said on Thursday it was revising expected cost and funding synergies from its takeover bid for Sabadell, citing ...
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 ...
Sabadell shareholders on Wednesday unanimously approved the sale of its TSB business in Britain to Santander , which analysts ...
Banco Sabadell on Wednesday unanimously approved the sale of its British subsidiary TSB to Banco Santander for around €3bn.
BBVA aims for higher profits and capital distribution over the next four years based on underlying loan growth in its main ...
A MAJOR bank with five million customers could vanish after its sale to Spanish rival. TSB is set to be taken over by Spanish ...
Some analysts think the sale could make it easier for Sabadell to rebuff a potential hostile takeover bid by rival group BBVA ...
Sabadell shareholders approve £2.65bn cash sale of TSB to Santander, raising concerns over the future of the historic high ...
Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...
Between the lines: Sabadell’s talks to sell its UK arm, TSB, could further complicate BBVA’s takeover bid. If TSB falls outside the deal’s scope, BBVA may need to revise its offer.
Sabadell’s mission of self-help is paying off, and last week’s strong second-quarter results appeared a good defense against the bid it rejected in May. But BBVA turned in even better earnings ...
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