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Sabadell shareholders approve sale of TSB to Santander
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 ...
Spain's Sabadell pledged on Thursday to boost profits and payouts for shareholders, including from the recently-agreed sale of UK arm TSB, as the bank set out its case to remain independent in the ...
The Catalan lender aims for a return on tangible equity of 16% by 2027, from 15.3% at the end of June this year.
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 ...
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 ...
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.
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 ...
MarketWatch.com BBVA, Sabadell ditch merger talks By Mauro Orru Published: Nov. 27, 2020, 3:27 a.m. ET Resize ...
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