Tag #Bbva

Showing 25 to 36 of 100 results

elpais.com
🌐 85% Global Worthiness
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Sabadell's Share Price Soars Amidst BBVA Takeover Bid

Amidst a hostile takeover bid from BBVA, Sabadell's share price has surged 65% due to strong fundamentals, shareholder return pledges, and a new strategic plan focused on Spain, leading analysts to predict further price increases if the bid fails.

Progress

48% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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BlackRock Boosts Stake in BBVA and Sabadell Amidst Uncertain Takeover

BlackRock, the world's largest investment fund, increased its stake in both BBVA and Sabadell after Spain's government added conditions to BBVA's takeover bid and Sabadell sold its UK subsidiary TSB, paying a €2.5 billion dividend; other investors reacted differently.

Progress

40% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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BBVA's Sabadell Takeover Bid Nears Conclusion Amidst Concerns Over Offer Price

BBVA's hostile takeover bid for Sabadell is entering its final stage, with the acceptance period expected to run from July to September. The offer, currently perceived as insufficient by analysts, might be increased before the deadline.

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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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

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Sabadell's TSB Sale Throws Wrench in BBVA Takeover

Banco Sabadell sold its UK subsidiary, TSB, to Banco Santander for €3.1 billion, triggering a €2.5 billion extraordinary dividend payout for its shareholders, significantly impacting the ongoing BBVA takeover bid.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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BBVA Persists with Sabadell Takeover Despite Government Obstacles

BBVA maintains its takeover bid for Sabadell despite Spanish government regulations mandating separate legal entities for three years, creating financial integration challenges but continuing the offer after assessing the agreement and consulting institutional investors; the future depends on shareh...

Progress

48% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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BBVA Faces Pressure to Improve Sabadell Takeover Bid After TSB Sale

Banco Sabadell's sale of TSB to Santander for €3.1 billion has increased its share price by over 10%, putting pressure on BBVA to improve its takeover bid, potentially increasing the cash component by €2.1 billion to a total of €3.2 billion, or risk withdrawal.

Progress

52% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Sabadell's €3.8 Billion Dividend Complicates BBVA Takeover

Banco Sabadell will pay a €3.8 billion dividend this year, including a €2.5 billion extraordinary dividend from the sale of TSB to Banco Santander. The payment date depends on UK regulatory approvals, impacting the success of BBVA's takeover bid.

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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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

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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BBVA Maintains Hostile Takeover Bid for Sabadell Despite Government Conditions

BBVA's board unanimously decided to proceed with its hostile takeover bid for Sabadell, despite a government-mandated three-year separation, aiming to create Spain's second-largest bank and increase annual financing by €5 billion.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 25 to 36 of 100 results