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The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s ...
The European Commission has sent Spain a legal warning over its move to block a banking merger between BBVA and Banco ...
Banco Bilbao Vizcaya Argentaria is pursuing merger talks with smaller peer Banco de Sabadell SAB -1.13%, seeking another shot at a tie-up that could make it Spain’s largest bank after a previous ...
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GlobalData on MSNEuropean Commission challenges Spain’s BBVA-Sabadell merger blockAccording to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking ...
BBVA said on Tuesday it had approached Sabadell about a possible merger, a deal which would create a Spanish bank with assets of nearly 1 trillion euros ($1.07 trillion) and a market value close ...
Banco Bilbao Vizcaya Argentaria SA, BBVA 0.87% Spain’s second-largest lender by assets, and smaller peer Banco de Sabadell SA SAB -0.25% ended their merger talks because of disagreements over ...
The board of Spain's Banco Sabadell on Monday rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, Sabadell said in a statement to the Spanish ...
Now, BBVA said it would offer one newly issued share for every 4.83 Sabadell shares, an exchange ratio representing a 30% premium over the closing prices of BBVA and Sabadell on April 29.
MADRID, Nov 18 (Reuters) - BBVA BBVA.MC CEO Onur Genc said on Wednesday that merger negotiations with smaller rival Sabadell SABE.MC were still at a starting point and the Spanish bank would have ...
BBVA and Sabadell declined to comment. The two banks had on Nov. 16 announced merger talks aimed at creating Spain's second-biggest domestic bank with almost 600 billion euros in assets.
BBVA, Spain's second-largest bank, and smaller rival Banco Sabadell have walked away from a planned merger after a price disagreement. The two lenders had confirmed a tie-up less than two weeks ago.
MADRID (Reuters) -Spain's competition watchdog CNMC approved on Wednesday the proposed acquisition of Banco Sabadell by its larger rival BBVA, though the combined lender will have to accept ...
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