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May 9, 2024 · Sabadell Says BBVA’s Hostile Bid Breaks Law as Tempers Rise. Spanish government has said it opposes proposed deal; BBVA’s shares have declined since it first approached Sabadell
- 3 min
May 9, 2024 · The Spanish government doesn’t appear in favor of the deal. Spain’s second-largest bank, BBVA, launched a hostile bid for Sabadell on Thurdsay, days after a rebuff by its smaller rival.
- Barbara Kollmeyer
- bkollmeyer@marketwatch.com
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What happened to Banco Sabadell?
The history of Banco Sabadell is the story of the launch of a small local bank at the end of the 19th century, which, over time, has grown into a multinational banking group with a set of corporate values that have defined its very way of being and carrying out its banking work.
May 1, 2024 · MADRID, May 1 (Reuters) - Spanish bank BBVA (BBVA.MC) said on Wednesday it had submitted a merger proposal to Sabadell (SABE.MC), valuing its smaller rival at about 12 billion euros ($12.8...
May 2, 2024 · The announcement by Banco Bilbao Vizcaya Argentaria SA on Tuesday that it wants to begin talks to take over Banco Sabadell SA comes as further evidence that a long hoped-for consolidation in the...
Apr 30, 2024 · Spanish bank BBVA has approached TSB owner Banco Sabadell about a potential takeover to create a €70bn lender in what would be one of the biggest European banking deals in years.
May 2, 2024 · MADRID/LONDON, May 2 (Reuters) - Spanish bank Sabadell (SABE.MC) has lined up advisers to assess its options after rival BBVA (BBVA.MC) unveiled a 12 billion euro ($12.83 billion) takeover...
