Showing 13 to 24 of 46 results
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.
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
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.
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
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.
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
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...
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
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 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.
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
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.
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
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.
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
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.
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
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
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
Showing 13 to 24 of 46 results