companies/banking

Sabadell sells ‘sustainable’ profitability to persuade shareholder to reject takeover bid

Sabadell is defending its simplicity, low risk thanks to little exposure to emerging markets and robust profitability as it tries…

3 months ago

The US, France and Portugal have given the green light to BBVA’s bid to acquire Sabadell.

BBVA has managed to secure new approvals from international regulators and supervisors for its takeover bid for Sabadell. In recent…

4 months ago

Santander advised and Bankinter facilitated Sepi’s entry into Telefónica.

According to financial sources familiar with the situation, the State Industrial Participation Company (SEPI) appointed Banco Santander as its financial…

4 months ago

BBVA may pay cash for part of Sabadell takeover bid

Those responsible for BBVA have the hypothetical option of introducing a cash portion as part of the proposal to gain…

5 months ago

Sabadell puts the likelihood of a BBVA takeover bid going through at 27%.

BBVA shares have fallen 13.2% since the offer was announced, a drop that financial sources say cannot be attributed solely…

5 months ago

BBVA and Sabadell select 15 key investment bankers for takeover bid

BBVA is adding Mediobanca to its list of advisers on the proposal, which already includes JPMorgan, UBS and Rothschild. Goldman…

5 months ago

Hacker group offers stolen customer data to Santander

The hacking gang known as ShinyHunters claims to have data on 30 million customers. Hacker group ShinyHunters is offering customer…

5 months ago

The takeover puts BBVA and Sabadell’s financial plans under control.

Sabadell only needs one bond issue, but BBVA needs to reach 9 billion, and the fight between both banks has…

5 months ago

“The environment forces banks to need a certain scale to compete.”

November 16, 2020BBVA and Sabadell confirm that they are negotiating a possible merger. Eleven days later, on November 27, they…

6 months ago

David Martinez will support BBVA’s takeover bid for Sabadell

The move would demonstrate that the share swap proposed by BBVA would attract the interest of large shareholders of the…

6 months ago