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BBVA and Sabadell, the Spanish banks, have given up merger talks they had confirmed less than two weeks ago because of disagreements over the pricing of the deal.
BBVA's acquisition of Sabadell faces a significant delay, as the Spanish government has mandated atleast three-year wait period before the two entities can integrate their operations. This ...
This legal challenge follows Spain’s recent imposition of strict conditions on BBVA’s proposed takeover of its smaller competitor Sabadell. Last month, the Spanish government said it would only ...
Shares in BBVA traded 3% higher while Sabadell’s were up 0.5% in afternoon exchanges after a brief suspension by Spain’s market regulator pending the publication of significant news.
BBVA has submitted a series of commitments to Spain’s National Markets and Competition Commission (CNMC) to address antitrust concerns regarding its proposed merger with Banco Sabadell.
Spanish lenders BBVA and Banco Sabadell have called off merger talks after failing to agree financial terms, prompting Sabadell to consider options for its British unit TSB.
From the perspective of BBVA's management, "the merger represents a unique opportunity to create one of the most competitive and innovative banks in Europe." Upon completion of the transaction, ...
MADRID — Shareholders in Spanish banking giant BBVA on Friday approved a capital increase needed to pursue its hostile takeover of its smaller rival Sabadell, which is opposed by the government. At an ...
MADRID (Reuters) -Spain's BBVA could cut up to 2,500 jobs after the acquisition and a subsequent integration of smaller rival Sabadell, newspaper Expansion reported on Wednesday. The preliminary ...
MADRID (Reuters) -Spain's competition watchdog CNMC approved on Wednesday the proposed acquisition of Banco Sabadell by its larger rival BBVA, though the combined lender will have to accept several ...
BBVA has submitted a series of commitments to Spain’s National Markets and Competition Commission (CNMC) to address antitrust concerns regarding its proposed merger with Banco Sabadell. The ...
BBVA and smaller rival Sabadell said they are in talks to create Spain's second-biggest domestic lender by assets, the latest move in the accelerating consolidation of the Spanish banking sector.
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