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MADRID (Reuters) -Sabadell shareholders on Wednesday unanimously approved the sale of its British unit TSB to Santander, ...
Spain's BBVA said on Thursday it was revising expected cost and funding synergies from its takeover bid for Sabadell, citing ...
Some analysts think the sale could make it easier for Sabadell to rebuff a potential hostile takeover bid by rival group BBVA ...
BBVA (BME: BBVA )’s pursuit of its smaller competitor, which has lasted for a year, has encountered resistance from ...
Sabadell shareholders approve £2.65bn cash sale of TSB to Santander, raising concerns over the future of the historic high ...
Sabadell agreed last month to sell TSB to Santander for an initial 2.65 billion pounds ($3.53 billion) in cash, which analysts viewed as a strategy to stop BBVA's takeover approach, which aims to ...
BBVA aims for higher profits and capital distribution over the next four years based on underlying loan growth in its main ...
Shareholders in Spanish bank Sabadell approved Wednesday the sale of its British unit TSB to Santander, a move seen as a bid to stave off a takeover approach from rival BBVA.
The Catalan lender aims for a return on tangible equity of 16% by 2027, from 15.3% at the end of June this year.
The board of Banco de Sabadell SAB -1.91% is asking the company’s shareholders to approve a roughly $4 billion sale of its British subsidiary TSB to Spanish peer Banco Santander SAN -2.24%.
Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...
Sabadell had bought TSB in 2015 for 1.7 billion pounds ($2.26 billion). ($1 = 0.8639 euros) ($1 = 0.7528 pounds) (Reporting by Jesus Aguado and Inti Landauro; Editing by David Latona) ...
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