Showing 85 to 96 of 100 results
Sabadell Shareholders Reject BBVA Takeover Bid
Banco Sabadell's shareholder meeting in Sabadell, Spain, on Thursday showed strong local support against BBVA's takeover bid, with 1,000 attendees giving a standing ovation to Josep Oliu's speech. However, the final decision rests with over 200,000 shareholders and the CNMC's analysis.
Sabadell Shareholders Reject BBVA Takeover Bid
Banco Sabadell's shareholder meeting in Sabadell, Spain, on Thursday showed strong local support against BBVA's takeover bid, with 1,000 attendees giving a standing ovation to Josep Oliu's speech. However, the final decision rests with over 200,000 shareholders and the CNMC's analysis.
Progress
48% Bias Score
BBVA's Bid for Sabadell Ignites Intense Competition in Spanish Banking
BBVA's takeover bid for Banco Sabadell intensifies competition in the Spanish banking sector, with both entities increasing their loan portfolios significantly despite high interest rates, leading to a battle for market dominance and impacting future interest rate reductions and credit demand.
BBVA's Bid for Sabadell Ignites Intense Competition in Spanish Banking
BBVA's takeover bid for Banco Sabadell intensifies competition in the Spanish banking sector, with both entities increasing their loan portfolios significantly despite high interest rates, leading to a battle for market dominance and impacting future interest rate reductions and credit demand.
Progress
36% Bias Score
Spanish Banks Avoid Double Taxation After Omnibus Bill Rejection
Spain's six largest banks avoided double taxation in 2024 due to the rejection of an omnibus bill containing a new bank levy; this bill, among other things, would've required banks to pay the 2025 tax with 2024 earnings.
Spanish Banks Avoid Double Taxation After Omnibus Bill Rejection
Spain's six largest banks avoided double taxation in 2024 due to the rejection of an omnibus bill containing a new bank levy; this bill, among other things, would've required banks to pay the 2025 tax with 2024 earnings.
Progress
40% Bias Score
Indra Acquires Hispasat with €700 Million in Financing from BBVA and BNP Paribas
BBVA and BNP Paribas provided €700 million to finance Indra's acquisition of 89% of Hispasat, a Spanish satellite operator, aiming to create a national defense giant; however, market concerns exist regarding competition and valuation.
Indra Acquires Hispasat with €700 Million in Financing from BBVA and BNP Paribas
BBVA and BNP Paribas provided €700 million to finance Indra's acquisition of 89% of Hispasat, a Spanish satellite operator, aiming to create a national defense giant; however, market concerns exist regarding competition and valuation.
Progress
36% Bias Score
Sabadell to Return HQ to Catalonia Amid BBVA Takeover
Banco Sabadell plans to return its headquarters to Catalonia on October 25th, 2023, reversing a 2017 move to Alicante due to political instability, amidst a hostile takeover bid by BBVA and following similar moves by four other companies.
Sabadell to Return HQ to Catalonia Amid BBVA Takeover
Banco Sabadell plans to return its headquarters to Catalonia on October 25th, 2023, reversing a 2017 move to Alicante due to political instability, amidst a hostile takeover bid by BBVA and following similar moves by four other companies.
Progress
44% Bias Score
S\&P: Manageable Impact Expected from Potential BBVA-Sabadell Merger
S\&P Global Ratings deems the potential BBVA-Sabadell merger manageable for BBVA's capital and non-harmful to competition, while viewing Sabadell as independently viable; they predict further domestic consolidation in Spain's banking sector, with 2024 as the peak for profitability and increasing ris...
S\&P: Manageable Impact Expected from Potential BBVA-Sabadell Merger
S\&P Global Ratings deems the potential BBVA-Sabadell merger manageable for BBVA's capital and non-harmful to competition, while viewing Sabadell as independently viable; they predict further domestic consolidation in Spain's banking sector, with 2024 as the peak for profitability and increasing ris...
Progress
40% Bias Score
Spanish Government Delays BBVA's Sabadell Takeover Bid
The Spanish government's and CNMV's actions are delaying BBVA's public takeover offer for Sabadell, creating uncertainty and potentially hindering the merger due to concerns over its impact on market competition. The CNMC has conditionally approved the merger with remedies.
Spanish Government Delays BBVA's Sabadell Takeover Bid
The Spanish government's and CNMV's actions are delaying BBVA's public takeover offer for Sabadell, creating uncertainty and potentially hindering the merger due to concerns over its impact on market competition. The CNMC has conditionally approved the merger with remedies.
Progress
64% Bias Score
BBVA Concludes 2018 Bonus Payments, González Payment Unconfirmed
BBVA completed final 2018 bonus payments in 2024, totaling €2.8 million for senior management, but hasn't disclosed if former chairman Francisco González, facing legal issues related to the Villarejo case, received his €400,000 share; the bank can reclaim bonuses until 2025.
BBVA Concludes 2018 Bonus Payments, González Payment Unconfirmed
BBVA completed final 2018 bonus payments in 2024, totaling €2.8 million for senior management, but hasn't disclosed if former chairman Francisco González, facing legal issues related to the Villarejo case, received his €400,000 share; the bank can reclaim bonuses until 2025.
Progress
56% Bias Score
Sabadell counters BBVA takeover bid with record profits and "3.3 billion" shareholder payout plan
Banco Sabadell announced record 2024 profits of "1.827 billion", a 37% increase, and plans to distribute "3.3 billion" to shareholders by 2025 to counter BBVA's takeover bid; the final decision is expected in June.
Sabadell counters BBVA takeover bid with record profits and "3.3 billion" shareholder payout plan
Banco Sabadell announced record 2024 profits of "1.827 billion", a 37% increase, and plans to distribute "3.3 billion" to shareholders by 2025 to counter BBVA's takeover bid; the final decision is expected in June.
Progress
60% Bias Score
Banco Sabadell Returns Headquarters to Catalonia
Banco Sabadell, led by Chairman Josep Oliu, is returning its headquarters from Alicante to Catalonia in response to a failed hostile takeover bid by BBVA and improved political stability following recent regional elections; this move is intended to encourage other businesses to return to Catalonia.
Banco Sabadell Returns Headquarters to Catalonia
Banco Sabadell, led by Chairman Josep Oliu, is returning its headquarters from Alicante to Catalonia in response to a failed hostile takeover bid by BBVA and improved political stability following recent regional elections; this move is intended to encourage other businesses to return to Catalonia.
Progress
48% Bias Score
BBVA Lowers Sabadell Takeover Bid Threshold
BBVA lowered its acceptance threshold for its Banco Sabadell takeover bid from 50.01% to 49.27% of the capital, excluding treasury stock, after initially stating to the SEC that the bid wouldn't succeed without 50.01%, necessitating a filing amendment; this is permitted under Spanish law.
BBVA Lowers Sabadell Takeover Bid Threshold
BBVA lowered its acceptance threshold for its Banco Sabadell takeover bid from 50.01% to 49.27% of the capital, excluding treasury stock, after initially stating to the SEC that the bid wouldn't succeed without 50.01%, necessitating a filing amendment; this is permitted under Spanish law.
Progress
36% Bias Score
BBVA's "Aprendemos Juntos" Launches Successful Mental Health Tour in Madrid
Aprendemos Juntos," a BBVA-sponsored mental health initiative, launched its first live tour in Madrid on Thursday, attracting nearly 1,000 attendees to hear speakers share personal stories and insights on overcoming adversity.
BBVA's "Aprendemos Juntos" Launches Successful Mental Health Tour in Madrid
Aprendemos Juntos," a BBVA-sponsored mental health initiative, launched its first live tour in Madrid on Thursday, attracting nearly 1,000 attendees to hear speakers share personal stories and insights on overcoming adversity.
Progress
24% Bias Score
Showing 85 to 96 of 100 results