Showing 13 to 24 of 49 results
BBVA's Sabadell Bid Faces Government-Mandated Delays, Raising Integration Risks
BBVA's bid for Banco Sabadell faces significant hurdles due to a government-mandated three-to-five-year delay, raising concerns about integration challenges, cost overruns, and potential reputational damage if the deal fails; the CNMV approval and shareholder acceptance are pending.
BBVA's Sabadell Bid Faces Government-Mandated Delays, Raising Integration Risks
BBVA's bid for Banco Sabadell faces significant hurdles due to a government-mandated three-to-five-year delay, raising concerns about integration challenges, cost overruns, and potential reputational damage if the deal fails; the CNMV approval and shareholder acceptance are pending.
Progress
24% Bias Score
Sabadell Sells TSB to Santander for £2.65 Billion
Banco Sabadell sold its British subsidiary, TSB, to Banco Santander for £2.65 billion (approximately €3.05 billion) on Wednesday, a strategic move to bolster its financial standing amid a hostile takeover bid by BBVA.
Sabadell Sells TSB to Santander for £2.65 Billion
Banco Sabadell sold its British subsidiary, TSB, to Banco Santander for £2.65 billion (approximately €3.05 billion) on Wednesday, a strategic move to bolster its financial standing amid a hostile takeover bid by BBVA.
Progress
36% Bias Score
Sabadell's €2.573 Billion Dividend: A Record Payout
Banco Sabadell will distribute a €2.573 billion extraordinary dividend to shareholders upon the sale of its British subsidiary, TSB, to Banco Santander; this makes it one of the ten largest dividends in the history of the Spanish stock market, although some analysts would have preferred a share buyb...
Sabadell's €2.573 Billion Dividend: A Record Payout
Banco Sabadell will distribute a €2.573 billion extraordinary dividend to shareholders upon the sale of its British subsidiary, TSB, to Banco Santander; this makes it one of the ten largest dividends in the history of the Spanish stock market, although some analysts would have preferred a share buyb...
Progress
36% Bias Score
Sabadell's TSB Sale Complicates BBVA Takeover Bid
Banco Sabadell's shareholder meeting on August 6th approved the sale of its UK subsidiary, TSB, to Banco Santander for €3.1 billion, a move that complicates BBVA's ongoing takeover bid and significantly increases Sabadell's financial strength.
Sabadell's TSB Sale Complicates BBVA Takeover Bid
Banco Sabadell's shareholder meeting on August 6th approved the sale of its UK subsidiary, TSB, to Banco Santander for €3.1 billion, a move that complicates BBVA's ongoing takeover bid and significantly increases Sabadell's financial strength.
Progress
52% Bias Score
Spanish Government Conditions Jeopardize BBVA's Banco Sabadell Takeover
BBVA's planned takeover of Banco Sabadell faces significant hurdles after the Spanish government imposed conditions limiting cost-cutting and integration for three years, potentially reducing projected synergies from 850 million euros to 330-450 million euros and slashing the profitability from 20% ...
Spanish Government Conditions Jeopardize BBVA's Banco Sabadell Takeover
BBVA's planned takeover of Banco Sabadell faces significant hurdles after the Spanish government imposed conditions limiting cost-cutting and integration for three years, potentially reducing projected synergies from 850 million euros to 330-450 million euros and slashing the profitability from 20% ...
Progress
40% Bias Score
BBVA Weighs Government Condition on Banco Sabadell Acquisition
BBVA is evaluating a new Spanish government condition on its acquisition of Banco Sabadell, mandating Sabadell's operational independence for 3–5 years, potentially leading to the withdrawal of BBVA's takeover offer.
BBVA Weighs Government Condition on Banco Sabadell Acquisition
BBVA is evaluating a new Spanish government condition on its acquisition of Banco Sabadell, mandating Sabadell's operational independence for 3–5 years, potentially leading to the withdrawal of BBVA's takeover offer.
Progress
48% Bias Score
Sabadell Shareholders Approve TSB Sale, Strengthening Defense Against BBVA Takeover
Banco Sabadell shareholders overwhelmingly approved the sale of its UK subsidiary TSB to Banco Santander (99.6% vote), triggering a €2.5 billion dividend payout and strengthening its defense against BBVA's hostile takeover bid.
Sabadell Shareholders Approve TSB Sale, Strengthening Defense Against BBVA Takeover
Banco Sabadell shareholders overwhelmingly approved the sale of its UK subsidiary TSB to Banco Santander (99.6% vote), triggering a €2.5 billion dividend payout and strengthening its defense against BBVA's hostile takeover bid.
Progress
56% Bias Score
BBVA's Sabadell Takeover: Institutional Investor Votes Key to Success
BBVA's proposed takeover of Banco Sabadell, announced in May 2023, requires a 51% shareholder approval, with major institutional investors like BlackRock, Vanguard, and Norges Bank holding substantial shares in both banks. The offer's success hinges on their votes, influenced by financial factors an...
BBVA's Sabadell Takeover: Institutional Investor Votes Key to Success
BBVA's proposed takeover of Banco Sabadell, announced in May 2023, requires a 51% shareholder approval, with major institutional investors like BlackRock, Vanguard, and Norges Bank holding substantial shares in both banks. The offer's success hinges on their votes, influenced by financial factors an...
Progress
36% Bias Score
Sabadell's Macro-Dividend Jeopardizes BBVA's Takeover Bid
Banco Sabadell's €2.5 billion macro-dividend, from the sale of its UK subsidiary TSB, increases its stock value by 10% compared to BBVA's takeover offer, forcing BBVA to reconsider its bid due to added government conditions restricting merger synergies.
Sabadell's Macro-Dividend Jeopardizes BBVA's Takeover Bid
Banco Sabadell's €2.5 billion macro-dividend, from the sale of its UK subsidiary TSB, increases its stock value by 10% compared to BBVA's takeover offer, forcing BBVA to reconsider its bid due to added government conditions restricting merger synergies.
Progress
48% Bias Score
Sabadell Sells TSB to Santander Amidst BBVA Takeover Bid
Banco Sabadell sold its British subsidiary, TSB, to Banco Santander for €3 billion, amidst a hostile takeover bid by BBVA; the sale proceeds will be distributed to Sabadell shareholders, impacting BBVA's takeover strategy.
Sabadell Sells TSB to Santander Amidst BBVA Takeover Bid
Banco Sabadell sold its British subsidiary, TSB, to Banco Santander for €3 billion, amidst a hostile takeover bid by BBVA; the sale proceeds will be distributed to Sabadell shareholders, impacting BBVA's takeover strategy.
Progress
44% Bias Score
Spanish Government Approves BBVA-Sabadell Merger with Unprecedented Conditions
The Spanish government approved BBVA's bid for Banco Sabadell, but imposed an unprecedented condition: maintaining separate legal entities for at least three years, sparking controversy over government intervention in business and raising potential legal challenges.
Spanish Government Approves BBVA-Sabadell Merger with Unprecedented Conditions
The Spanish government approved BBVA's bid for Banco Sabadell, but imposed an unprecedented condition: maintaining separate legal entities for at least three years, sparking controversy over government intervention in business and raising potential legal challenges.
Progress
56% Bias Score
CNMC Approves BBVA-Sabadell Merger with Conditions, Rejecting Sabadell's Irreplaceability Claim
The CNMC approved BBVA's acquisition of Banco Sabadell with conditions, rejecting Sabadell's claim of irreplaceability in SME lending due to its declining market share and the growth of smaller competitors, while also noting concerns about potential cost synergies.
CNMC Approves BBVA-Sabadell Merger with Conditions, Rejecting Sabadell's Irreplaceability Claim
The CNMC approved BBVA's acquisition of Banco Sabadell with conditions, rejecting Sabadell's claim of irreplaceability in SME lending due to its declining market share and the growth of smaller competitors, while also noting concerns about potential cost synergies.
Progress
40% Bias Score
Showing 13 to 24 of 49 results