Showing 49 to 60 of 100 results
Sabadell Announces Potential Sale of TSB Amid BBVA Takeover Bid
Banco Sabadell is exploring the sale of its UK subsidiary, TSB, to potential buyers including Barclays, NatWest, Santander UK, and HSBC, amid a hostile takeover bid from BBVA, potentially generating £1.7bn-£2bn.
Sabadell Announces Potential Sale of TSB Amid BBVA Takeover Bid
Banco Sabadell is exploring the sale of its UK subsidiary, TSB, to potential buyers including Barclays, NatWest, Santander UK, and HSBC, amid a hostile takeover bid from BBVA, potentially generating £1.7bn-£2bn.
Progress
36% Bias Score
BBVA-Sabadell Merger Approved Despite Insufficient Competition Safeguards
The CNMC approved BBVA's takeover of Sabadell despite concerns about reduced competition, implementing insufficient remedies that primarily benefit a small percentage of SMEs; the merger increases market concentration to three major banks controlling approximately 72% of the credit market.
BBVA-Sabadell Merger Approved Despite Insufficient Competition Safeguards
The CNMC approved BBVA's takeover of Sabadell despite concerns about reduced competition, implementing insufficient remedies that primarily benefit a small percentage of SMEs; the merger increases market concentration to three major banks controlling approximately 72% of the credit market.
Progress
60% 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
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.
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
BBVA Awaits Spanish Government Decision on Sabadell Takeover
BBVA, having secured 27 regulatory approvals including from the CNMC and the European Central Bank, awaits the Spanish government's decision on its hostile takeover bid for Sabadell by June 27th, highlighting commitments made to address public interest concerns.
BBVA Awaits Spanish Government Decision on Sabadell Takeover
BBVA, having secured 27 regulatory approvals including from the CNMC and the European Central Bank, awaits the Spanish government's decision on its hostile takeover bid for Sabadell by June 27th, highlighting commitments made to address public interest concerns.
Progress
48% Bias Score
Spanish Government Weighs Intervention in BBVA's Sabadell Takeover Amidst Legal and EU Concerns
The Spanish government is reviewing BBVA's takeover bid for Banco Sabadell, potentially imposing conditions beyond those set by the CNMC, prompting legal uncertainty and EU scrutiny, with the final decision to be made by the Council of Ministers within one month.
Spanish Government Weighs Intervention in BBVA's Sabadell Takeover Amidst Legal and EU Concerns
The Spanish government is reviewing BBVA's takeover bid for Banco Sabadell, potentially imposing conditions beyond those set by the CNMC, prompting legal uncertainty and EU scrutiny, with the final decision to be made by the Council of Ministers within one month.
Progress
44% Bias Score
BBVA to Acquire Sabadell, Creating Spain's Second-Largest Bank Network
BBVA plans to acquire Sabadell, creating Spain's second-largest bank branch network with approximately 2,700 offices after closing 300, pending government approval contingent on commitments to the CNMC to prevent financial exclusion in specific areas.
BBVA to Acquire Sabadell, Creating Spain's Second-Largest Bank Network
BBVA plans to acquire Sabadell, creating Spain's second-largest bank branch network with approximately 2,700 offices after closing 300, pending government approval contingent on commitments to the CNMC to prevent financial exclusion in specific areas.
Progress
52% Bias Score
CNMC Report Reveals Concerns Over BBVA-Sabadell Merger
The CNMC's report on BBVA's takeover bid for Banco Sabadell reveals that competitor banks are ready to gain clients if the merger proceeds, highlighting concerns over potential monopolies and the effectiveness of BBVA's proposed commitments to maintain commercial conditions for SMEs.
CNMC Report Reveals Concerns Over BBVA-Sabadell Merger
The CNMC's report on BBVA's takeover bid for Banco Sabadell reveals that competitor banks are ready to gain clients if the merger proceeds, highlighting concerns over potential monopolies and the effectiveness of BBVA's proposed commitments to maintain commercial conditions for SMEs.
Progress
36% Bias Score
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.
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
BBVA Defends Sabadell Merger Conditions Ahead of Government Decision
BBVA maintains that the CNMC's approved conditions for its takeover of Banco Sabadell already address public interest concerns, affecting approximately 2 million SMEs; the Spanish government has until mid-July to decide.
BBVA Defends Sabadell Merger Conditions Ahead of Government Decision
BBVA maintains that the CNMC's approved conditions for its takeover of Banco Sabadell already address public interest concerns, affecting approximately 2 million SMEs; the Spanish government has until mid-July to decide.
Progress
44% Bias Score
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.
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
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.
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
Showing 49 to 60 of 100 results