Tag #Mergers And Acquisitions

Showing 13 to 24 of 363 results

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🌐 85% Global Worthiness
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Santander to Acquire TSB Bank for €3.1 Billion

Banco Santander will acquire TSB Bank from Banco Sabadell for €3.1 billion, creating the UK's third-largest bank by current accounts and fourth by mortgages, with projected synergies of €460 million and a 13% CET1 capital ratio by 2025.

Progress

40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Spring Hotels Acquires Mare Nostrum Resort in Record €430 Million Deal

Spring Hotels purchased the Mare Nostrum Resort in Tenerife from Brookfield for €430 million, the largest Spanish hotel asset transaction ever, adding over 1,000 rooms to their portfolio and marking significant growth.

Progress

28% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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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

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Acciona Sells Peruvian Wind Farm Amid Corruption Allegations

Acciona sold its San Juan de Marcona wind farm in Peru to Luz del Sur for up to $253 million amid a corruption scandal involving the PSOE, following allegations of bribery related to public works contracts; the sale is subject to regulatory approval and expected to close before the end of the year.

Progress

36% Bias Score

Affordable and Clean Energy
cincodias.elpais.com
🌐 65% Global Worthiness
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Viko Acquires Socialmood, Expanding Creative Capabilities in Spanish Digital Market

Viko, a Spanish digital business factory, acquired Socialmood, a Madrid-based creative agency specializing in brand strategy and integrated campaigns, for an undisclosed sum; this is Viko's third acquisition in three years, furthering its growth strategy and expanding its creative capabilities.

Progress

24% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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EU Criticizes Spain's Intervention in BBVA-Sabadell Merger

The European Commission criticized Spain's decision to impose conditions on BBVA's takeover of Sabadell, warning that it may use its powers to ensure compliance with EU rules on the single market; Spain maintains its actions are consistent with EU law.

Progress

56% 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
cincodias.elpais.com
🌐 75% Global Worthiness
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MasOrange Appoints Experienced IR Director Amidst Valuation and Joint Venture Negotiations

MasOrange appointed Juan José Gaitán as its new Investor Relations director on Monday, replacing Javier Marín. Gaitán's extensive experience in investor relations, particularly during Cellnex's IPO, will be crucial as MasOrange prepares for a potential 2026 IPO and negotiates with MásMóvil's owners ...

Progress

36% Bias Score

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

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Neinor Homes Raises €225 Million for Aedas Homes Acquisition

Neinor Homes is raising €225 million via an accelerated capital increase to fund part of its €1.07 billion acquisition of Aedas Homes, leveraging strong market reception and support from major banks and investors.

Progress

32% Bias Score

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

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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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

Decent Work and Economic Growth

Showing 13 to 24 of 363 results