Tag #Banco Sabadell

Showing 25 to 36 of 49 results

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Catalan Parliament Rejects BBVA's Sabadell Takeover Bid

The Catalan Parliament overwhelmingly voted against BBVA's hostile takeover bid for Banco Sabadell on Thursday, urging the Spanish government to block the merger due to concerns about its negative impact on the Catalan economy and social stability.

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Public Opposition to BBVA's Takeover Bid of Banco Sabadell

A survey commissioned by Banco Sabadell reveals that 75% of Spanish citizens oppose BBVA's hostile takeover bid due to concerns about negative impacts on banking services, businesses, and employment; the Spanish government must decide by June 27th.

Progress

56% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Spanish Government to Decide on BBVA-Sabadell Merger by June 27th

The Spanish government will decide by June 27th whether to approve BBVA's takeover bid for Banco Sabadell, considering factors beyond competition, including potential job losses and regional economic impact; the CNMC approved the deal with conditions on April 31st.

Progress

36% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Catalan Organizations Urge Government Intervention in BBVA-Sabadell Merger

Nine major Catalan economic organizations sent a letter to Spanish Prime Minister Pedro Sánchez urging government intervention in BBVA's takeover of Banco Sabadell, citing concerns about economic power concentration in Madrid and negative consequences for regional businesses and territorial balance.

Progress

52% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Puigdemont Defends Pro-BBVA Vote, Questions Spanish Government's Opposition

Four days after the CNMC conditionally approved BBVA's takeover bid for Banco Sabadell, Junts per Catalunya leader Carles Puigdemont justified his party's vote in favor, emphasizing protections for Catalan and Balearic SMEs as a key condition and expressing doubt over the Spanish government's declar...

Progress

44% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Union Opposes BBVA's Banco Sabadell Takeover, Citing Job Losses and Reduced Competition

Spain's second-largest union at Banco Sabadell is urging the Ministry of Labor to block BBVA's takeover bid, citing the risk of mass job losses and reduced competition within the financial sector, potentially impacting thousands of workers and vulnerable citizens.

Progress

60% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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EU Warns Spain Against Blocking BBVA-Sabadell Merger

BBVA sought EU intervention after the Spanish government opposed its takeover bid for Banco Sabadell; the EU warned Spain against blocking the deal, citing its advanced stage and numerous approvals, while internal disagreements emerged within the Commission regarding the intervention.

Progress

48% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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EU challenges Spain over BBVA-Sabadell merger intervention

The European Commission reprimanded Spain for potentially hindering BBVA's takeover bid of Banco Sabadell, citing concerns about alignment with EU competition rules; Spain argues its actions are justified under national and EU law in the interest of general welfare.

Progress

48% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Sabadell CEO Rejects Merger Talks, Calls BBVA Takeover Undervalued

Banco Sabadell CEO César González-Bueno rejected rumors of merger talks with other Spanish banks to counter BBVA's takeover bid, citing the undervaluation of Sabadell shares in the offer and the disruption an additional corporate action would cause. He emphasized Sabadell's superior dividend policy ...

Progress

44% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Spanish Government's Public Consultation on BBVA-Sabadell Merger

The Spanish government launched a public consultation on BBVA's takeover bid for Banco Sabadell, surprising markets and regulators; the Bank of Spain and CNMV declined to comment, while the consultation seeks public input on 'general interest' factors before a May 16th deadline, influencing the fina...

Progress

44% Bias Score

Responsible Consumption and Production
cincodias.elpais.com
🌐 75% Global Worthiness
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Spanish Government to Decide on BBVA-Sabadell Merger by Late June

The Spanish government will decide by late June whether to approve BBVA's takeover of Banco Sabadell after the CNMC's approval, facing a 45-day review period and concerns about territorial cohesion, credit access, and employment in Valencia and Catalonia, delaying the deal until the fall of 2025.

Progress

40% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Sabadell Restarts Share Buyback Program Amidst BBVA Takeover Bid

Banco Sabadell restarts a 247 million euro share buyback program, alongside a new 755 million euro program, totaling 1.1 billion euros, to counter BBVA's revised takeover bid offering a negative premium, while the CNMC reviews the operation.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 25 to 36 of 49 results