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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 ...
BBVA (BME: BBVA )’s pursuit of its smaller competitor, which has lasted for a year, has encountered resistance from Sabadell’s management team and Spanish authorities. In June, the government stated ...
MADRID (Reuters) -Sabadell shareholders on Wednesday unanimously approved the sale of its TSB business in Britain to ...
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 ...
BBVA aims for higher profits and capital distribution over the next four years based on underlying loan growth in its main ...
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) ...
The Catalan lender aims for a return on tangible equity of 16% by 2027, from 15.3% at the end of June this year.
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.
Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...
Banco Bilbao Vizcaya Argentaria won’t hesitate to abandon its takeover bid for peer Sabadell SAB -3.73% if harsh remedies are imposed by Spain’s competition authority, making the deal worth ...
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 ...