Showing 37 to 48 of 100 results
BBVA's Sabadell Bid Uncertain After Government Imposes Strict Conditions
BBVA is considering withdrawing its takeover bid for Sabadell after the Spanish government imposed conditions to maintain Sabadell's independence for at least three years, impacting projected synergies of €850 million. The decision hinges on support from major investors.
BBVA's Sabadell Bid Uncertain After Government Imposes Strict Conditions
BBVA is considering withdrawing its takeover bid for Sabadell after the Spanish government imposed conditions to maintain Sabadell's independence for at least three years, impacting projected synergies of €850 million. The decision hinges on support from major investors.
Progress
48% Bias Score
Sabadell CEO casts doubt on BBVA takeover bid
Banco Sabadell's CEO cast doubt on BBVA's takeover bid following a government condition, citing a reduced probability of success due to a revised synergy calculation and undervaluation of Sabadell's stock. A decision on the sale of the British subsidiary TSB is expected before July 24th.
Sabadell CEO casts doubt on BBVA takeover bid
Banco Sabadell's CEO cast doubt on BBVA's takeover bid following a government condition, citing a reduced probability of success due to a revised synergy calculation and undervaluation of Sabadell's stock. A decision on the sale of the British subsidiary TSB is expected before July 24th.
Progress
60% 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
Spain Imposes Strict Conditions on BBVA's Sabadell Takeover
The Spanish government imposed strict conditions on BBVA's takeover of Banco Sabadell, requiring three years of autonomous management for both banks to protect jobs (43,000 total), branches, and SME lending (€70 billion at risk) following concerns about potential job losses and credit reductions.
Spain Imposes Strict Conditions on BBVA's Sabadell Takeover
The Spanish government imposed strict conditions on BBVA's takeover of Banco Sabadell, requiring three years of autonomous management for both banks to protect jobs (43,000 total), branches, and SME lending (€70 billion at risk) following concerns about potential job losses and credit reductions.
Progress
56% Bias Score
Spanish Government's Decision Delays BBVA-Sabadell Merger, Raising Concerns About EU Banking Integration
The Spanish government conditionally approved BBVA's takeover of Sabadell, delaying the merger for three years, prompting ECB Vice-President Luis de Guindos to express concerns about the impact on the credibility of the European Banking Union's integration efforts and investor confidence.
Spanish Government's Decision Delays BBVA-Sabadell Merger, Raising Concerns About EU Banking Integration
The Spanish government conditionally approved BBVA's takeover of Sabadell, delaying the merger for three years, prompting ECB Vice-President Luis de Guindos to express concerns about the impact on the credibility of the European Banking Union's integration efforts and investor confidence.
Progress
44% Bias Score
BBVA's Sabadell Bid Awaits Government Decision Amidst TSB Sale Uncertainty
BBVA's takeover bid for Sabadell faces a crucial government decision this week, with the potential sale of Sabadell's UK subsidiary, TSB, adding complexity; the offer's success hinges on the government's conditions and shareholder acceptance by September.
BBVA's Sabadell Bid Awaits Government Decision Amidst TSB Sale Uncertainty
BBVA's takeover bid for Sabadell faces a crucial government decision this week, with the potential sale of Sabadell's UK subsidiary, TSB, adding complexity; the offer's success hinges on the government's conditions and shareholder acceptance by September.
Progress
32% 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
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
Spain Tightens Conditions on BBVA's Sabadell Takeover
The Spanish government imposed stricter conditions on BBVA's takeover bid of Sabadell, requiring its legal separation for at least three years, prohibiting job cuts and office closures, to protect employment and regional economies, potentially reducing the bid's profitability.
Spain Tightens Conditions on BBVA's Sabadell Takeover
The Spanish government imposed stricter conditions on BBVA's takeover bid of Sabadell, requiring its legal separation for at least three years, prohibiting job cuts and office closures, to protect employment and regional economies, potentially reducing the bid's profitability.
Progress
40% Bias Score
Spanish Government Suspends BBVA-Sabadell Trading Amid Merger Review
The Spanish government is reviewing BBVA's takeover bid for Sabadell, resulting in the CNMV suspending both banks' trading. The government will impose stricter conditions than the CNMC, focusing on protecting SMEs and branches, with a decision expected within three weeks.
Spanish Government Suspends BBVA-Sabadell Trading Amid Merger Review
The Spanish government is reviewing BBVA's takeover bid for Sabadell, resulting in the CNMV suspending both banks' trading. The government will impose stricter conditions than the CNMC, focusing on protecting SMEs and branches, with a decision expected within three weeks.
Progress
36% Bias Score
Spain Tightens Conditions on BBVA's Sabadell Bid
The Spanish government will impose stricter conditions on BBVA's takeover bid for Sabadell, citing concerns about competition, job security, and financial inclusion. This decision, alongside Sabadell's potential sale of its UK subsidiary TSB, could significantly hinder or prevent the acquisition.
Spain Tightens Conditions on BBVA's Sabadell Bid
The Spanish government will impose stricter conditions on BBVA's takeover bid for Sabadell, citing concerns about competition, job security, and financial inclusion. This decision, alongside Sabadell's potential sale of its UK subsidiary TSB, could significantly hinder or prevent the acquisition.
Progress
48% Bias Score
BBVA Faces Indictment for Alleged Espionage; Takeover Bid at Risk
A Spanish court is considering indicting BBVA, its former president, and other executives for allegedly hiring a former police commissioner to spy on rivals between 2004 and 2017; the decision will impact BBVA's ongoing takeover bid for Banco Sabadell.
BBVA Faces Indictment for Alleged Espionage; Takeover Bid at Risk
A Spanish court is considering indicting BBVA, its former president, and other executives for allegedly hiring a former police commissioner to spy on rivals between 2004 and 2017; the decision will impact BBVA's ongoing takeover bid for Banco Sabadell.
Progress
56% Bias Score
Showing 37 to 48 of 100 results